A major concern with the Social Security trust fund is that:
A. Surpluses for Social Security are too large
B. The Federal government buys too many government securities
C. Costs for administering the fund are greater than the current revenue
D. The fund will exhausted in a couple of decades
D. The fund will exhausted in a couple of decades
Economics
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The price elasticity of demand for a specific model of a luxury car is likely to be
A) elastic. B) inelastic. C) 0. D) infinite.
Economics
The purchase of French wine by U.S. consumers will be accounted as:
a. a deficit in the services account. b. a credit in the merchandise account. c. a debit in the services account. d. a surplus in the services account. e. a debit in the merchandise account.
Economics