Because Social Security payments are indexed, Congress: Multiple Choice can let their nominal value decrease. can easily allocate social security money to other parts of the budget. has to vote on the amount of increase in payments every year. no longer needs to vote to maintain their real value.
Because Social Security payments are indexed, Congress: Multiple Choice can let their nominal value decrease. can easily allocate social security money to other parts of the budget. has to vote on the amount of increase in payments every year. no longer needs to vote to maintain their real value.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Because Social Security payments are indexed, Congress:
Multiple Choice
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can let their nominal value decrease.
-
can easily allocate social security money to other parts of the budget.
-
has to vote on the amount of increase in payments every year.
-
no longer needs to vote to maintain their real value.
Multiple Choice
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cannot be transported and sold for a profit elsewhere, even if the price varies in different locations.
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don’t earn enough profit when sold in another country.
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are financial products that naturally have different prices in different stock exchanges.
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are usually placed under trade restrictions.
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