An Increase in the Demand for Computers and a Decrease

question 268

Multiple Choice

An increase in the demand for computers and a decrease in the number of sellers of computers will definitely

• A) increase the number of computers bought.
• B) increase the price of a computer.
• C) increase the price of a computer and the number of computers bought.
• D) not change the price of a computer and increase the number of computers bought.

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Definitions:

Social Security Tax Rate

The rate at which income is taxed to fund the Social Security program, which provides retirement, disability, and survivorship benefits.

Paid Vacation

Employer-provided benefit that offers employees paid time off from work, allowing them personal time while still receiving their usual compensation.

Health Insurance

Insurance coverage that pays for medical and surgical expenses incurred by the insured, often provided by employers or purchased individually.

Retirement Contributions

Money set aside into retirement accounts, such as a 401(k) or IRA, often with tax advantages.