Examlex
Which of the following situations provides an example of the benefits principle?
A.Employed workers pay taxes that are used to fund technical training programs.
B.Revenue from the federal tax on gasoline is used to maintain and improve the interstate highway system.
C.Most of the revenue from property taxes is used to fund public schools.The taxes are paid by all homeowners.
D.Taxes on cigarettes are used to pay state employees' salaries.
Unemployment Spells
Periods during which an individual is out of work and actively seeking employment but unable to find a job.
Long-Run Unemployment
Unemployment that persists in an economy for an extended period, typically occurring due to structural changes in the economy such as technological advances or shifts in consumer demand.
Unemployment Rate
The proportion of the labor force that is without work but actively seeking employment and willing to work, expressed as a percentage.
U-4 Measure
A specific measure of unemployment that includes all persons who are not currently working but are willing to work and actively seeking employment, plus discouraged workers.
Q39: Economic profits can be negative even if
Q58: Figure and Table: The Market for Taxi
Q87: (Table: TC's Pizza Parlor) Look at the
Q117: Table: Price Elasticity<br>(Table: Price Elasticity) Look again
Q131: If a country has the comparative advantage
Q166: Eric's income increased from $40,000 to $50,000
Q191: Taxes paid on the purchase of specific
Q220: A tax that takes a fixed percentage
Q266: Figure: The Market for Blue Jeans<br>(Figure: The
Q320: Decreases in input costs and a longer