In an Effort to Balance the Federal Budget, an Increase

question 41

Multiple Choice

In an effort to balance the federal budget, an increase in Social Security taxes is passed.What is the most likely effect of this on equilibrium GDP?

• A)GDP will increase.
• B)GDP will decrease.
• C)GDP will not change but prices will rise.
• D)GDP will not change but employment will increase.

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Definitions:

REM Sleep

A phase of sleep characterized by rapid eye movement, increased brain activity, and vivid dreams. It is critical for processing emotions and consolidating memories.

Light Sleep

A stage of sleep that is characterized by easy awakeness and is not as deep as REM or deep sleep stages.

Deep Sleep

A stage of sleep characterized by slow brain waves, known as delta waves, associated with physical renewal and memory consolidation.

Sleep Spindles

Burst of brain activity observable in an electroencephalogram (EEG) that occurs during stage 2 of sleep, associated with memory consolidation.