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C) Employment in the service sector has declined in recent years, and this decline is expected to co
D) There has been little change in the number of jobs in the service sector in recent years; however
expected to increase rapidly.
2) According to the box, "Services Expand the Circular Economy," technology is helping turn prod
services by
A) restricting what customers can and cannot buy for personal use.
B) producing items that are designed to reach obsolescence quickly.
C) offering new ways to access items like movies or music and by adding sensors to allow compan
new business models.
D) developing more disposable items.
3) Which of the following organizations is an example of the goods-producing sector of the econon
Samsung Flectronics

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.

Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided