The ________ is the cost of paid by the producer plus any cost paid by everyone else when another unit of a good or service is produced
A) marginal external cost.
B) marginal private cost.
C) marginal social cost.
D) None of the above answers is correct.
C
Economics
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A worker pays a tax for Social Security at a constant rate up until a certain level of income is reached. Beyond that income level, no more Social Security tax is paid. The Social Security tax is an example of a
A) progressive tax. B) regressive tax. C) proportional tax. D) sales tax.
Economics
The U.S. inflation rate ________ in the 1960s and 1970s, ________ in the 1980s, and ________ in the 1990s and 2000s
A) was steady; rose sharply; fell B) was steady; rose sharply; remained high C) rose; fell sharply; remained low D) rose; fell sharply; rose again
Economics