Some States Apply a __________ to Determine Whether a Dwelling

question 19

Multiple Choice

Some states apply a __________ to determine whether a dwelling is occupied.

• A)occupancy
• B)mail delivery
• C)sleep test
• D)None of the above is correct.

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Definitions:

Substitution Effect

The economic understanding that as prices rise or incomes decrease consumers will replace more expensive items with less costly alternatives.

Hourly Wages

The amount of earnings paid to an employee for each hour worked.

Fringe Benefits

Additional benefits, beyond a salary, offered to employees, such as health insurance, retirement plans, and paid time off.

Minimum Wage

The lowest remuneration that employers can legally pay their workers—the rate may be set by national government or by a state or local government.