Caregivers for the disabled elderly are most likely to be:
a. Daughters or other female relatives and friends
b. Sons or other male relatives and friends
c. Spouses
d. Assisted living attendants
A
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The "tragedy of the commons" refers to
a) farmers who allow their livestock to overgraze their fields b) the acceptance of deplorable working conditions by those who lack the human capital to obtain a better job c) the absence of incentives to prevent the overuse and depletion of a commonly used resource d) the tendency for bureaucrats to maximize their budget
The tax wedge is the difference between the
A) amount of taxes needed to pay off the national debt and the actual amount of taxes. B) nominal and real interest rates. C) pretax and posttax returns to an economic activity. D) amount of taxes needed to balance the federal budget and the actual amount of taxes.