I need help with my 12th grade economics (specifically macro-economics) homework!!! Please help!? related questions

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I need help with my 12th grade economics (specifically macro-economics) homework!!! Please help!?0Megna2012-09-24 06:57:02
True or realize : Read each statement carefully and check whether it is true or false . If false , change the word in capital letters or words to make the statement true . MedlinePlus 1. Consumers are limited in what they can spend. MedlinePlus 2. A budget is balanced when planned expenditures are higher than expected revenue . MedlinePlus 3. There are two ways in which an individual may earn income : income from property and other goods and labor . MedlinePlus 4. Wages are earned income and are paid on a weekly or monthly basis . MedlinePlus 5. Consumer spending is the largest component of total spending in our economy . MedlinePlus 6. Liability insurance provides car owners with financial protection in case of theft , collision and similar misfortunes . MedlinePlus 7. Advertising seeks to increase the supply , rather than demand for a good or service. MedlinePlus 8. If the interest charged on a loan is 2 percent per month , your APR is 24 percent. MedlinePlus 9. Advertising benefits consumers by providing information on new products .
Questions about taxes, economics homework?0leonor2012-08-05 06:35:48
i am not sure on my answers on this questions, please help me. A tax placed on a good or service A) decreases production costs. B) suppresses the underground economy. C) increases production costs. D) makes people save less. The idea that people who take advantage of a public good must pay for them in proportion to how much they use it is called A) equity. B) the benefits-received principle. C) revenue. D) the ability-to-pay principle. Which type of tax is based on the value of assets? A) Individual income tax B) Corporate income tax C) Sales tax D) Property tax What type of tax does the government place on products with a relatively inelastic demand to maintain a steady stream of revenue? A) Estate tax B) Gift tax C) Excise tax D) User fee Which tax, paid for by employers, benefits employees who lose their job through no fault of their own? A) Federal Insurance Contributions Act B) Social Security C) Medicare D) Unemployment compensation A common criticism of the way corporations are taxed is that A) companies are allowed to deduct the cost of buildings and equipment. B) profits are subject to double taxation. C) tax brackets prevent them from accounting for inflation. D) the corporate tax rate is 35 percent.
What should i do about 12th grade summer graduation?0Jin2012-07-17 15:30:03
I have no economy so miserably to go on holiday this summer and do not want to lose, but summer school is 05 July to 5 August Idk what to do if I do I will not get my diploma and I have to pay a fine and car insurance to pay for summer school ans is $ 100 and nobody will help pay or anything my job sucks and Idk what to doooo
economics help02018-01-03 09:22:41
Help on Economics HW Q's?0Ngo2012-10-05 10:45:04
16. If a successful union urges consumers to boycott products produced by non-union workers, the wage elasticity of labor demand is reduced union: MedlinePlus one. Under no circumstances MedlinePlus b. Because the effect of scale as a result of a change in wages will be lower in magnitude since the boycott reduces the price elasticity of demand for production MedlinePlus c. Because the substitution effect in the labor market as a result of a change in wages will be lower in magnitude since the boycott reduces the price elasticity of demand for production MedlinePlus d. Because labor demand falls in response to boycott MedlinePlus MedlinePlus 17. Union sponsored boycotts of goods made by nonunion workers affect the elasticity of demand for unionized workers to affect: MedlinePlus one. Substitution effect on the labor market MedlinePlus b. Scale effect in the labor market MedlinePlus c. None of the above is correct MedlinePlus MedlinePlus 18. A national labor market is more likely to exist when MedlinePlus one. There are many employers and employees in the most MedlinePlus b. Relatively few employers and employees in most regions MedlinePlus c. Most senior positions in companies are filled by promotions within MedlinePlus d. None of the above is correct MedlinePlus MedlinePlus 19. Economic theory predicts that the overall training costs would be: MedlinePlus one. workers by MedlinePlus b. Paid MedlinePlus companies c. Shared between workers and firms d. None of the above is correct MedlinePlus MedlinePlus 20. During a recession, companies are more likely to dismiss workers who possess: MedlinePlus one. Only company-specific training MedlinePlus b. MedlinePlus only general training MedlinePlus 21. Productivity is likely to decline more during a recession to labor markets where workers have a high level: MedlinePlus one. MedlinePlus general training b. Signature MedlinePlus specific training c. MedlinePlus either general or specific training in a company d. None of the above is correct MedlinePlus MedlinePlus 22. Suppose some previously discouraged workers start looking for work because they become more optimistic about their job prospects. The immediate effect of this is expected to be: one. An increase in the unemployment rate. MedlinePlus b. A decrease in the unemployment rate. MedlinePlus c. An unemployment rate unchanged. MedlinePlus d. A reduction in the rate of labor participation. MedlinePlus MedlinePlus 23. The introduction of government-mandated health insurance for all employees would result in a substitution effect: MedlinePlus one. Increases employment and increases the duration of the working week. MedlinePlus b. Lower employment and reduces the length of the workweek from MedlinePlus c. Reduces employment and increases the length of the working week d. Increases employment and reduces the duration of the working week. MedlinePlus MedlinePlus 24. As the wage increases, the quantity demanded of labor will be reduced: MedlinePlus A. Under no circumstances MedlinePlus B. Only if the substitution effect exceeds the current scale. MedlinePlus C. Only if the scale effect exceeds the substitution effect MedlinePlus D. As a result of the effects of both the substitution and scale. MedlinePlus 25. Statistical discrimination is expected to be _______ in companies that rely on the use of internal labor markets. MedlinePlus one. More likely MedlinePlus b. Less likely MedlinePlus c. MedlinePlus also likely MedlinePlus 26. An increase in mandated overtime premium is expected to cause the number of people with jobs: MedlinePlus one. Rise, provided the replacement effect is greater than the scale effect MedlinePlus b. Arise, provided that the scale effect is greater than the substitution effect. MedlinePlus c. MedlinePlus unchanged d. Fall MedlinePlus MedlinePlus 27. The substitution effect associated with a decrease in salary is expected to cause the quantity of labor demanded by a typical company: MedlinePlus one. Increase MedlinePlus b. Decrease MedlinePlus c. MedlinePlus remain constant d. change in an unpredictable way MedlinePlus MedlinePlus 28. The effect of scale associated with an increase in salary is expected to cause the quantity of labor demanded by a typical company: MedlinePlus one. Increase MedlinePlus b. Decrease MedlinePlus c. Remains constant MedlinePlus d. The change in an unpredictable manner MedlinePlus MedlinePlus 29. As the wage rate increases: one. The substitution effect reduces the quantity of labor demanded MedlinePlus b. The scale effect reduces the quantity of labor demanded MedlinePlus c. The two above are correct d. None of the above are correct MedlinePlus 30. Which of the following is not correct to characterize the general trends in labor force participation rates in the last 50 years? MedlinePlus one. The participation rate has fallen for married women MedlinePlus b. The labor force participation has declined in men between the ages of 18 and 21. MedlinePlus c. The rate has declined in men 65 years or older. MedlinePlus MedlinePlus MedlinePlus I just want to check my answers against you so if you can answer any or any that would be great. Thank you!
Help with economics!!?1Pupitas2012-09-01 13:25:02
1 . If leisure is a normal good , an increase in wages results in an income effect that causes the amount of labor supplied : A) increase. B) decrease. C ) remain unchanged. D ) changing in a way which can not be predicted without additional information. 2 . If leisure is a normal good, the labor supply curve is upward sloping : A) in all possible wage rates for all individuals . B ) only when the substitution effect exceeds the income effect. C ) Only when the income effect exceeds the substitution effect. D ) under any circumstances. 3 . The non-wage labor costs include : A) hiring costs . B ) the costs of training. C ) the costs associated with employer-provided health insurance provided to all workers. D) All of the above are correct. E) None of the above is correct. 4 . In the two-period model discussed in the text , a company has some of the training costs if payment of wages , Wo is A) equal to MPO - Z. B ) greater than MPO - Z. C ) less than MPO - Z. D) None of the above is correct. 5 . As a result of the existence of specific training signature , it is expected that: A) decrease productivity during a recession. B ) The productivity increase during an economic expansion. C ) the use will be more stable over the business cycle in those occupations where there is major investment in the company specific training. D) All of the above are correct.
Need help with the last few of my economics review. Help?!?0Arelis2012-10-07 08:15:02
If you can answer even just one, it would be beyond amazing. MedlinePlus MedlinePlus 1. MedlinePlus Bonds a) pay a fixed interest rate for a specified period of time MedlinePlus b) is a constant low-risk investment choice MedlinePlus c) are insured by the government fed MedlinePlus MedlinePlus 2. When producers offer fewer products for sale in every price a) waiting MedlinePlus subsidies b) the supply curve shifts to the left MedlinePlus c) the unit price decreases MedlinePlus d) the supply curve shifts to the right MedlinePlus MedlinePlus 3. The biggest borrowers are MedlinePlus a) households and businesses MedlinePlus b) Governments and businesses c) Governments and households d) Insurance companies and households MedlinePlus 4. All these are instruments of monetary policy, EXCEPT MedlinePlus some money) controls adjusted MedlinePlus b) selective credit controls MedlinePlus c) open market operations MedlinePlus d) moral suasion MedlinePlus 5.All of the following led to the collapse of the Soviet economy EXCEPT MedlinePlus a) a unit of production quotas MedlinePlus b) inadequate supply of consumer goods MedlinePlus c) the lack of incentives for workers MedlinePlus d) the introduction of a green market MedlinePlus MedlinePlus 6. The basic rule is risk of further MedlinePlus a) reduce the risk, the greater the return on MedlinePlus b) the greater the risk, decrease performance MedlinePlus c) the greater the risk, the higher the performance d) whatever the risk, no return MedlinePlus MedlinePlus 7. If you can get nine per cent return on investment, how long will it take to double your money? MedlinePlus a) 4 years MedlinePlus b) 8 years MedlinePlus c) 12 years MedlinePlus d) 9 years MedlinePlus MedlinePlus 8. What you pay out of pocket for a car or a property claim? MedlinePlus a) MedlinePlus deductible b) responsibility MedlinePlus c) Premium MedlinePlus d) Time MedlinePlus MedlinePlus I know it's a lot, but any help is needed.
What is it called when...in economics?0tre2012-08-17 08:48:02
What is it called when someone overvisits the doctor because he has no health insurance so big? and how this affects Docters and the economy in general?
Need some help in Micro Economics?0scooby913200022012-07-16 04:05:02
I have to stay with the following questions: (Lesson: Introduction Elasticity) - The health emergency room tends to have a demand curve is steep, while elective surgery does not. Why? In addition, insurance and health care spending holidays tend to have a negative cross elasticity of demand prices of many people. Why? - The cross-price elasticity of demand between the fishing line and fishing lures tend to be negative. This means that: A-Line and lures are complementary to each other. B-Line and lures are substitutes of each other. C-Line and lures are inferior goods. D-Line and lures are normal goods. E-Line and lures are a must. (Proof of Consumer and producer surplus) - Suppose that the University of Oklahoma, choose to modify your class schedule for the separation of students based on the number of credit hours they have accumulated. Students with less than 15 credit hours to obtain a 13% reduction in tuition, while students with 45-90 and over 90 credit hours compared to an increase in enrollment of 22 and 71% respectively. Fully explain whether this pricing strategy is based on a sound understanding of the price elasticity of demand, or not. - The state of California recently considered passing a tax on physician services in that state in order to increase revenue to pay for universal health coverage for California residents. Suppose that the average open-heart surgery costs $ 100,000, and at that price of 23,339 surgeries are performed each year. For the purposes of this discussion, assume that people could get operation elsewhere. What curve in the graph of supply and demand would shift? What happens to the surplus of the producer and the consumer? What about the deadweight loss? Explain in detail what the most likely outcome in this market, if a tax surgeries are performed. Use a chart if that helps. THANKS FOR THE HELP
Can you please help me with this i really need the help with these economics questions?0Wilson HELP2012-08-03 17:03:03
1. Why is the individual income tax considered one of the most efficient taxes? A) It provides the highest amount of revenue for the federal government. B) The system of payroll deduction makes it relatively inexpensive to collect. C) It is one of the most easily understood federal taxes. D) It is one of the most uniformly applied federal taxes. 2. What does the government use to influence economic behavior? A) Incidence of tax B) Progressive tax C) Regressive tax D) Tax incentive 3. What term describes money taken out of a paycheck before the worker receives it? A) Exemption B) Deduction C) Mortgage D) Withholding 4. Which may be taken as an itemized deduction? A) Automobile payments B) Clothing expenses C) Grocery bills D) Medical expenses 5. What are tax exemptions? A) The amount taxpayers may subtract from income for each family member B) The amount taxpayers may subtract from income for mortgage interest C) The amount taxpayers may subtract from income for charitable contributions D) The amount taxpayers may subtract from income for medical expenses 6. What problem do Social Security and Medicare have in common? A) Rising costs of health care B) Growing population of retired people C) Lack of congressional support D) High cost-of-living increases 7. If a tax achieves the goal of raising revenue with a low cost, what criterion does it meet? A) Ability-to-pay B) Benefits-received C) Efficiency D) Simplicity 8. A congressional representative comes from a district with many people living in poverty. To gain more votes in the next election, which tax will the representative most likely support? A) Progressive income tax B) Proportional income tax C) Property tax D) Sales tax 9. What is the purpose of indexing? A) To help taxpayers sort itemized deductions before paying taxes B) To prevent inflation from moving taxpayers into higher tax brackets C) To reclassify deductions to meet taxation principles D) To redistribute the incidence of tax from producer to consumer 10. Frank must pay taxes on the dividends he earns from stock. What tax base is that tax drawing from? A) Individual income tax B) Corporate income tax C) Property tax D) Sales tax 11. In what way might levying high income taxes backfire? A) By reallocating production resources B) By discouraging people from buying certain goods C) By motivating people to work too many hours D) By encouraging an underground economy 12. What payroll tax is taken out to cover Medicare and Social Security? A) Federal Deposit Insurance Corporation B) Federal withholding C) Federal Insurance Contributions Act D) State withholding 13. What are unemployment taxes used for? A) To give unemployed workers government jobs B) To pay employers compensation when workers quit C) To give unemployed workers income D) To help employers get through labor stoppages 14. The government cancels a contract for Jeep? tires with a factory in Wheeltown and awards the contract to a factory in Treadville. What does this illustrate? A) Economic efficiency B) Economic incentive C) Income redistribution D) Resource allocation 15. What is an operating budget? A) A plan for day-to-day expenses B) A financial plan in which revenues equal expenses C) A plan for major expenses or investments D) A plan for cutting expenses 16. What is one way the federal budget differs from most personal budgets? A) It tries to balance income and expenses. B) It runs for a 12-month year. C) It uses a fiscal year, not a calendar year. D) It is a plan for spending money. 17. Which is a recent reform to an entitlement program? A) Stricter Homeland Security regulations B) Disqualifying high-income people from Social Security C) Allowing private companies to take over Medicare D) Raising the qualifying age for Social Security 18. Which statement is true of mandatory spending? A) Most is used to fund defense. B) Most is used to fund education. C) Most is used to fund entitlements. D) Most is used to fund highways. 19. The government halts funding to school music programs and funds alternative energy research instead. What does this illustrate? A) Economic efficiency B) Economic incentive C) Income redistribution D) Resource allocation 20. Unemployment causes a town's population to decrease, so many homes stand empty. What is this an example of? A) Ability-to-pay principle B) Incidence of tax C) Regressive taxation D) Shrinking tax base 21. What is the major source of funding for most public schools? A) Corporate income taxes B) Individual income taxes C) Property taxes D) Sales taxes
Economics - Aplia?0luiz2012-08-10 00:14:02
Joni drives a yellow cab in Seattle , where you can charge a fee of $ 1.25 per mile. She is willing to work 8 hours a day. During an 8 hours, get paid for driving a total of 300 kilometers. The cost of operating the taxi is $ 0.25/mile on gas , $ 0.40/mile in general maintenance, and $ 50 in insurance each day. Joni has the option of working at McDonalds for 8 hours a day , earning $ 5.75 an hour . Others working at McDonalds would like to be able to drive a taxi, but the government will not give any more licenses for taxi drivers. Joni has no other employment options. What is your economic daily gain to drive a taxi?
Urgent please help in economics?1SkaterMan422012-10-23 23:49:02
Question 1 (Multiple Choice Worth 5 points) [02.02] One cost of going to work instead of college after graduation is lower income potential. earning money now. on-the-job training. the cost of tuition. Question 2 (Multiple Choice Worth 5 points) [02.02] Which item is a need? jeans water car cookie Question 3 (Multiple Choice Worth 5 points) [02.04] A share of ownership in a public company is a bond. stock. certificate of deposit. money market account. Question 4 (Multiple Choice Worth 5 points) [02.04] Bank deposits are insured up to a certain amount by the bank itself. Internal Revenue Service. Federal Deposit Insurance Corporation. Bank Deposit Insurance Commission. Question 5 (Multiple Choice Worth 5 points) [02.04] Interest is the rate charged for a loan. rate charged for a deposit. rate charged for a savings account. rate charged for a stock share. Question 6 (Multiple Choice Worth 5 points) [02.04] You are concerned about inflation eroding your college savings. You should put your money in an account that offers an interest rate lower than inflation. an interest rate higher than inflation. FDIC insurance. low balance transfer fees. Question 7 (Multiple Choice Worth 5 points) [02.04] When shopping for a savings account, you should look for one that offers annual fees. loyal customer fees. simple interest. compounding interest. Question 8 (Multiple Choice Worth 5 points) [02.04] Which investment has the most risk? stocks bonds mutual funds money-market accounts Question 9 (Multiple Choice Worth 5 points) [02.04] Reading left to right, which list shows investments increasing in risk level? stock, bond, mutual fund mutual fund, bond, stock mutual fund, stock, bond bond, mutual fund, stock Question 10 (Multiple Choice Worth 5 points) [02.04] It is important to diversify your investments because money saved in a bank is not protected. so you do not pay more taxes to the government. in order to minimize risk and maximize return. to keep your financial documents Question 11 (Multiple Choice Worth 5 points) [02.06] It would be least expensive to purchase goods with a debit card. cash. a personal loan. a credit card. Question 12 (Multiple Choice Worth 5 points) [02.06] A credit card balance represents a debt owed to a creditor. interest payments on a purchase. cost of living. a low-interest loan. Question 13 (Multiple Choice Worth 5 points) [02.06] In a well-designed budget your expenses exceed your income. expenses cover your income. income exceeds your expenses. income is distributed equally. Question 14 (Multiple Choice Worth 5 points) [02.06] Your friend

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