The most simple and direct way to postpone the looming


Questions:

Question 1
A payment from the government to a federal employee is a

Question 2
An increase in government borrowing will cause which of the following?

Question 3
The gasoline tax is often used to illustrate the benefits received principle of taxation because

Question 4
An efficient level of government expenditures is that level at which

Question 5
A cash payment from the government to an individual, based on need, is an example of a

Question 6
At the federal level, the largest revenue generating tax is the

Question 7
Which of the following is the major tax source of the federal government?

Question 8
The ability to pay principle of taxation suggests that people with more income should pay more taxes. This means that

Question 9
A national crime lab used to prevent criminal activity nationwide is an example of a

Question 10
The single most important source of tax revenue for the local governments in the United States is the

Question 11
A tax that is shifted forward is a tax that falls on

Question 12
Proportional tax rates mean that the ratio of tax collection to income

Question 13
Assuming negative externalities in production, the type of government action that could bring about an efficient level of production would be

Question 14
Characteristics of public goods and services include which of the following?

Question 15
A tax that is shifted backward is a tax that falls on

Question 16
As originally designed, Social Security was to be financed as a

Question 17
If your insurance company agrees to pay a fixed fee for you to receive a given treatment (for example, $5,000 for an appendectomy), the company is using which of the following?

Question 18
If people choose to work more hours because the Social Security tax reduces their real wage, their behavior is dominated by the

Question 19
If I spend more each year because I know that I will receive Social Security payments when I retire, I am exhibiting which of the following effects?

Question 20
If a program's benefits are funded out of current payments, it is which type of system?

Question 21
If people choose to work fewer hours because the Social Security tax reduces their real wage, their behavior is dominated by the

Question 22
Part C of the Medicare program (Medicare + Choice)

Question 23
The Medicare Modernization Act, passed in 2003, established

Question 24
The largest social insurance program in the United States is

Question 25
The payment and delivery of health care service under a managed care system is based on

Question 26
If I put extra into a savings account so that I can leave assets to my children to compensate them for their payments into the Social Security system, I am exhibiting which of the following effects?

Question 27
The most significant factor that threatens the financial stability of the Social Security system is the

Question 28
The Medicare program

Question 29
Part A of the Medicare program (Hospital Insurance) is financed primarily by

Question 30
The most simple and direct way to postpone the looming Social Security financial crisis is to

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Microeconomics: The most simple and direct way to postpone the looming
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