When measuring GDP by the income approach, wage income includes i. health-care insurance paid for by the firm for its employees. ii. Social Security contributions made by the firm. iii. wages paid during a worker's vacation time
A) i, ii and iii
B) i and ii only
C) i only
D) ii only
E) ii and iii only
A
Economics
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If inflation in Russia is higher than it is in Canada
A) the purchasing power of the ruble in buying Russian goods will rise relative to the dollar. B) the value of the dollar will rise in the long run. C) the value of the ruble will rise in the long run. D) Both A and C are correct.
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Which United States President is most closely linked with "The Great Society"?
a. Franklin D. Roosevelt b. Lyndon Johnson c. Richard Nixon d. Ronald Reagan
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