Use the Following Information to Answer the Next Few Questions

question 67

Multiple Choice

Use the following information to answer the next few questions.
In a study of the development of frog embryos, researchers stained several early gastrulas with vital dyes and noted the locations of the dyes after gastrulation. The results are shown in the following table.

-The endoderm was probably stained with

• A) red and yellow colors.
• B) yellow and green colors.
• C) green and purple colors.
• D) blue and yellow colors.
• E) purple and red colors.

Learn the relationship between elasticity of demand/supply and the deadweight loss from taxation.

Understand how taxes influence incentives and the allocation of resources.

Recognize how the burden of a tax is shared between buyers and sellers.

Analyze the role of government tax revenue in relation to public benefit and market welfare.

---

Definitions:

FICA Taxes

Federal Insurance Contributions Act taxes, which are payroll taxes in the United States used to fund Social Security and Medicare programs.

OASDI

Old-Age, Survivors, and Disability Insurance; a comprehensive federal benefits program that provides benefits to retirees, disabled people, and survivors of deceased workers.

Medicare

A federal health insurance program in the United States for people aged 65 and over, as well as for certain younger people with disabilities.

Calendar Quarter

A period of three months on the Gregorian calendar that is used in business and finance to split the year into four parts.