Debt Elimination Companies

Has anyone worked with Brady Daley (Coury Mediation Services) regarding debt elimination program? Thanks.?

How much would you be willing to pay for the following services on a monthly basis? Talk to a Primary Care Physician anytime 24 hours a day 7 days a week with unlimited access? Identity Theft protection that guarantees their service to you? Debt elimination system that helps you save up to 50% or more of the cost of your Mortgage, Car Loans, Credit Cards, etc.

Free Credit Restoration & Debt Elimination Clients Needed!!? Hi my name is Tavarra. I own my own business by the name of Financial Destination Inc. We do Credit Restoration and Debt Elimination and a host of other services. Credit Restoration and Debt Elimination is two of our most popular Products. We are not a scam. I am a woman of God and I do not scam Gods Children. A Credit Repair Company can not charge you any up-front fees. It;s against the law. Actually our Credit Restoration Product is free. We offer other products with your monthly membership. I am a Product of the Product. I was a Real Estate Investor and I had two foreclosures on my Credit. Credit Trax was able to get one of those foreclosures deleted from my Credit Report. Credit Trax also had 3 Credit Cards Deleted from my Credit Report. 2 BOFA Credit Cards with high balances and 1 Chase Credit Card. If you want proof I will send you a copy of my Credit Report. Documentation beats conversation. please visit my website www.fdimember.com/143169 or Call me (909)331-7213 God Bless

Anybody know anything about debt elimination companies? I am interested in hearing from anyone who has used this service or know anything about them. I am looking into Creditsolutions.com

Where can I find clients and employees for my business? I am a Personal Financial Analyist and am looking to help people plan for the future. I'd like to help with debt elimination, investments, mortgages, etc. I'd also like to set people up with life insurance, and help people plan for retirement. Like the old saying goes "People don't plan to fail, they fail to plan." I'd like to remedy this situation. Where do you think I can find people in my area who would need these services. Also, I have been promoted as an assistant in the Human Resources department, and I'm looking for employees. I'm not looking for just anyone, and I'm afraid that if I put out an advertisment in the paper that I'm going to get a bunch of calls from people that I don't want. How would I go about finding the kind of people I'm looking for, and screening them before the interview?

Why don't people remember it was the Republicans who were worried about the national debt from 2001? Little remembered fact, but one mainstream view in the Right Wing was that surpluses were bad for the economy. They robbed the financial markets, meaning the rich, of safe high-return investments guaranteed and paid for by the U.S. taxpayers. Hence, when Bush took over in 2001, instead of using the Clinton surplus to pay off the Reagan debt, Bush immediately went to work to give $1T in tax breaks to the rich. It was not so much that the rich needed the money, they didn't, or they were going to invest in America, they didn't, when the foreign markets were so much more exciting, but it was that if the tax breaks went to the people, there would be little need for the social services that drive so much of the deficit. If that happened, the govt would not need as much money and the deficit would shrink, thereby providing less instruments for the rich to invest in safely and profitably to offset their new investments in riskier, higher-return instruments overseas. http://yglesias.thinkprogress.org/2010/05/the-forgotten-conservative-campaign-to-save-the-national-debt/ "For example, the bizarre episode in 2000 and 2001 when a mainstream view among right-of-center economists was that the nation was facing a threatening situation in the form of possible elimination of the national debt. That’s right, the Clinton administration’s budgeting had not only eliminated the budget deficit, but was seen as possibly leading toward paying off all the accumulated debt of the Reagan years. And the right was afraid! One leading exponent of this view was Alan Greenspan, who used it as a reason to push for the Bush tax cuts, tax cuts that would save us from the curse of surpluses" Nolan is the typical "recovering" Bushie. He will support any moron who claims a Soros-based conspiracy theory, while he'll attack any facts against his old idol George Bush as if they were pure ideology. Nolan is part of the reason we are in this mess we are in today. He supported the very people who created it, and he uses ad hominem or other logical fallacies to try to stop people from learning and sharing the truth of how and why we are in this mess. He doesn't want a real solution to this problem (taking our govt back from the idle elite and Big Biz special interests), he just wants the Dems/Liberals out of power and he uses a 'Take back the govt' approach. But what he really means is remove the Left from power, NOT actually take back the govt because it's Big Biz/Power Elite who have actually stolen govt and continue to do so with the help of our Supreme Court and Fed Reserve.

What can be done to eliminate human trafficking in the U.S.? The United States is a source, transit, and destination country for men, women, and children subjected to trafficking in persons, specifically forced labor, debt bondage, and forced prostitution. Trafficking occurs primarily for labor and most commonly in domestic servitude, agriculture, manufacturing, janitorial services, hotel services, construction, health and elder care, hair and nail salons, and strip club dancing. Vulnerabilities remain even for legally documented temporary workers who typically fill labor needs in the hospitality, landscaping, construction, food service, and agricultural industries. The U.S. government fully complies with the minimum standards for the elimination of trafficking. The United States prohibits all forms of trafficking in persons through criminal statutes that were enacted over 150 years ago in the wake of the U.S. Civil War to effectuate the Constitutional prohibition of slavery and involuntary servitude. These statutes were updated and modernized by the Trafficking Victims Protection Act of 2000 (TVPA) and subsequent legislation. All 50 states prohibit the prostitution of children under state and local laws that predate the enactment of the TVPA. http://www.state.gov/g/tip/rls/tiprpt/2010/142761.htm

Remember the view from 2005? Downsizing the Federal Government, Chris Edwards, Cato Institute, 2005. Instead of advocating tax increases in the name of fiscal responsibility, this book focuses on how the bloated federal budget ($2.5 trillion in 2005, or about 20% of gross domestic product) could be reduced if our leaders put their minds to it. Here are some important facts about this budget: State and local government are spending an additional 11% of GDP, so the total cost of government amounts to nearly 1/3 of the economy. 54% of current federal government spending is for “entitlements” (Social Security, Medicare, federal potion of Medicaid, etc.), 39% for discretional spending, and 7% for interest on the debt. Government spending as a % of GDP has grown, importantly due to entitlements: Federal-defense: 1900 – 1.0%; 1950 – 5.7%; 2005 – 4.0% (enough?) Federal-nondefense: 1900 – 1.8%; 1950 – 9.0%; 2005 – 16.0% State/local: 1900 – 5.0%; 1950 – 6.6%; 2005 – 11.0% Assuming rapid growth in entitlements due to retirement of baby boomers and longer human life spans, the Government Accountability Office projects federal expenditures rising to 23% of GDP by 2015, 33% of GDP by 2030, 45% of GDP by 2040. Mr. Edwards argues that many current federal programs are harmful (e.g., import restrictions), unduly beneficial to special interests (agricultural subsidies, corporate welfare), and/or better left to the states (education) or private sector (rail transportation). One special problem is government grants, which are used by the federal government to influence state or local government programs. Some $426 billion in grants were paid in 2005, ranging from $186 billion for the federal share of Medicaid and the $71 billion cost of the Dept. of Education (mostly grants) to “hundreds of more obscure programs that most taxpayers have never heard of.” The result is to encourage overspending for the stated grant purposes, foster federal, state and local bureaucracies to document compliance with federal mandates, and reduce flexibility and innovation at the state level. Another problem is duplication. Different federal programs often have overlapping objectives, resulting in “turf wars” and/or unnecessary costs to ensure coordination. Thus, the GAO has reported 50 different programs for the homeless in eight federal agencies, 23 programs for housing aid in four agencies, 26 programs for food and nutrition aid in six agencies, and 44 programs for employment and training services in nine agencies. If a program is ineffective or obsolete, the typical response is to create additional programs -- without eliminating the existing program. Edwards lists more than 100 programs and agencies as candidates for elimination, with resultant savings of $380 billion per year. He also advocates cost-saving changes to entitlement programs. If all of his recommendations were implemented, the current federal deficit could be converted to a surplus without raising taxes. Instead of downsizing the federal government, why not concentrate on managing its programs better? The answer is that efforts along this line, including the Committee of Economy and Efficiency in Government appointed by Taft in 1910, the Hoover Commissions (under Truman and Eisenhower, respectively), the Grace Commission under Reagan, Gore’s “reinventing government” plan, and Bush’s “management agenda,” have all failed. Government operations continue to be inefficient and in many cases ineffective. The current programs of the federal government are too diverse and complex for Congress to effectively manage them; it would be far better to do a few things well than to do a lot of things ineffectively. Congress has limited incentive to hold down spending because program costs represent benefits to its members (the gravy they seem themselves as responsible for producing). There is no market discipline if government programs fail (unless and until the taxpayers revolt) such as applies for undertakings in the private sector. Is government downsizing possible? Sure, if enough people demand it, but our political leaders typically hear more about how additional money should be spent than they do about how existing programs should be eliminated to save money. Politicians tend to get increasingly hooked on spending during their years in Washington, which is one of the reasons to support term limits.

Do you think Obama will keep his promise of "no pork" by vetoing the spending bill being passed in Congress? Republicans and taxpayer watchdogs are railing against the thousands of earmarks included in the omnibus spending bill that passed the House Thursday and is awaiting a vote in the Senate. Republicans and tax watchdog groups are railing against the thousands of earmarks included in the omnibus spending bill that the House passed Thursday and is awaiting a vote in the Senate. The $1.1 trillion bill includes $447 billion in operating budgets for 10 Cabinet departments. Mixed in are more than 5,000 earmarks totaling $3.9 billion, according to watchdog Taxpayers for Common Sense. Pork-watchers are only just beginning to sort through the earmarks, which typically are goodies set aside for the districts of members of Congress, as the bill tracks toward a final vote. So far, they've uncovered gems ranging from $700,000 for a shrimp fishing project in Maryland to $30,000 for the Woodstock Film Festival Youth Initiative to $200,000 for a visitor's center in a Texas town with a population of about 8,000. "Let's stop the madness," House Republican Leader John Boehner said, before the bill passed without any GOP support. Twenty-eight House Democrats also opposed it. House Minority Whip Eric Cantor, R-Va., wrote to President Obama urging him to veto the bill, and pledging that Republicans would stand by him if he did. Obama in March waved off controversy over a $410 billion spending bill that also was riddled with earmarks, arguing that it represented "last year's business." This time around, Boehner said, the president needs to crack down on the pork under his watch. Republicans, though, have hardly shied away from the earmarks. Sen. Thad Cochran, R-Miss., is pushing $200,000 for the Washington National Opera. Sen. Judd Gregg, a fiscal hawk, is behind a $1 million earmark for renovation at the Portsmouth Music Hall. Taxpayers for Common Sense reports a total of 5,224 earmarks in the 2010 spending bill, which also includes funding for Medicare and Medicaid. Groups like Citizens Against Government Waste, as well as Sen. John McCain's staff, have drawn attention to dozens of items they consider questionable. Here's just a sampling: -- $150,000 for educational programs and exhibitions at the National Building Museum. -- $400,000 for renovation of the Brooklyn Botanical Garden. -- $150,000 for exhibits at the Theodore Roosevelt Inaugural Site Foundation in Buffalo, N.Y. -- $500,000 for Mississippi River exhibits at the National Mississippi River Museum and Aquarium in Dubuque, Iowa. -- $200,000 for the Washington National Opera. -- $30,000 for the Woodstock Film Festival Youth Initiative. -- $2.7 million for the University of Nebraska Medical Center, to support surgical operations in space. -- $200,000 for a visitor's center in Bastrop, Texas. -- $700,000 for a project called, "Shrimp Industry Fishing Effort Research Continuation," at the National Marine Fisheries Service in Silver Spring, Md. -- $292,200 for the elimination of blight in Scranton, Pa. -- $750,000 for exhibits at the World Food Prize Hall of Laureates in Iowa. -- $1.6 million for a tram between the Marshall Flight Center and Huntsville Botanical Garden in Alabama. -- $655,000 for equipment at the Institute for Irritable Bowel Syndrome Research in Los Angeles. Republicans have been on a tear over earmarks and excessive spending over the past week, particularly as Congress prepares to take up a new jobs-creation package and raise the debt ceiling by nearly $2 trillion. Rep. Mark Kirk, R-Ill., and Rep. Tom Price, R-Ga., on Thursday named what they called the 11 most wasteful spending projects considered by Congress so far this year. On Wednesday, four Republican lawmakers demanded an audit of the $787 billion stimulus program following reports of exaggerated or inaccurate accounts of the number of jobs created. McCain, R-Ariz., and Sen. Tom Coburn, R-Okla., on Tuesday released a report on 100 "questionable" stimulus projects worth nearly $7 billion. http://www.foxnews.com/politics/2009/12/11/watchdogs-foul-thousands-earmarks-spending/

Conspiracy Theory. Do you find most of these thing as Nuts as I do? Here is a sample of a Spoof on the past and latest. The WTF or World Task Force has released a new comprehensive study into all possible solutions to areas stricken with Over crowed schools, huge economic downturns and the increase in School and Business closures across America and globally. After many years of tax dollars and revenues from various state lottery dollars and taxes on revenues from Casinos the WTF published in the WTF Journal on 7/09/2010 a comprehensive solution to the crisis. According to the report from spokes person and client of WTF Mr. Bullshivik the solution is for children to simply "Not Go." According to the findings this will result in the overall reduction of students so teachers can focus on actually intelligent children who will benefit from a more direct eduction, and though as a by product this will mean more hooligans in the streets joining gangs and becoming likely to increase in involvement with illegal conduct such as drugs a d prostitution, the benefits will far outweigh the crisis as providing more intelligent specialized children, increase in robotic technologies to supplant a dwindling work force, a resulting drop in excessive population issues allowing gang violence to increase and life threatening diseases to take out the extra baggage and justify the discontinuation of public assistance networks and services that are bankrupting the economy. In addition there will be better jobs available for those who abandon these regions who have received the education and such as health-care and related public services can be geared more towards the better social stock of the civilization and in the resulting slums allow nature to take its course. These regions can than be isolated and walled up and allowed to crumble and will be policed by armed soldiers and regional marshals to prevent the isolated regions that will be called WCS or World Controlled Sectors or CICs which are Civil Isolation Centers, to keep UIs or Undesirable Influences from Civil City Regions, or CCRs. Those that would otherwise continue to be a strain on the legal system including inmates from various prisons will also be reassigned to a CIC (pronounced Sick in English) which will further reduce the excessive expenses of having to build larger prison systems on valuable lands and potential centers of much needed resources and can be applied Internationally in order to preserve a Democratic Culture and Civil Society. Political Adviser, Harry Dickers agreed and expect the predominant targeted UIs to be the largest resistance in the New World Restoration Effort of House Bill NWRE 187 which also gives clear and decisive power of private vote to the new and intended UPELG-GA or Unified Political, Executive and Legislative Governance of Global Allience once such a program is initiated and will after a swift Military effort be more than sufficient in initiating the round up program called Operation Ditch the Dirt or ODTD and those who have been causing a financial burden not just in the US but in the World economy. This will include the Homeless, and those who are considered terminally ill, disabled, Mentally deficient or challenged, or don't speak the language, as well as addicts to illegal and prescription drugs, as anyone with any observable and irrevocable debts. The WTF and intended UPELG-GA plan on presenting this to countries with all the research and evidence under a secret UN meeting with nations most likely to support the efforts and the program models in exchange to private resources and shared economic benefits to the officials and their families as a UN bill called WDR or World Divine Retribution and believed it will pass with a 9 out of 10 percentile with the elimination of so called outmoded International laws. In addition the policy will allow for the discontinuation of trades with all other countries whose conditions and technological underdevelopment have only further served to stress global economic infrastructures and will be effectively cut off and allowed to perish at their own hands, and any of those intending to try and invade or sneak into "restricted countries" will be executed as threats to the Global and International security of the intended UPELG-GA. This report by the WTF has been applauded as an intelligent and un-bias approach to solving the present over all crisis the World is enduring and a Tribunal of members of the UPELG-GA will be considered as privately elected International Presidential Members. In addition Science and Technology will be the only accepted social truth in the new GA for short of the UPELG-GA and any and all religions, religious institutions and so forth will be effectively banned as psychologically detrimental to the over all progress of the New World Agenda. After the successful completion of the Agenda the Aliens will be more open to land and once more interact with the Superior global soc

What is a good idea for a degree;anyone with knowledge about our economy care to help me with this investment? I am almost ready to get a 2 year degree. The internet is too ambigious to look up what career I want. I want a sound career and sociologically and economically most of us end up in careers working for small buisnesses that get wipped out by larger firms (think walmart, mcdonalds.... then in computers , everything we have 7-8 automotive companies , In computers 7-8 alternatives. Im speaking in general, but id rather not work for a small firm or if I do a rather secure or high paying job. Afterall ... many work for small companies, but the pay does not compensate such layoff risk! What type of degree in the forseable future will be in just a general demand that if one firm does close i can job hop, and such an industry as criteria wont face eventual elimination (at least for 20 years) in the future? Im frustrated because im honestly smarter than to just get a degree, with monsterous debt, with no pay off. Which job gets a good share of the economy's resources in this service economy? I am not stopping with 2 year degree. Looking at 4 year then working then a masters. Looking for a job that lands me in a institution or working for high reward if its a small profile company. and I am in college looking at what degree direction to go to. I like and can work with math and science, good with computers but have not taken computer courses. just want to understand all of this better. It seems like all they hype in universities is professional jobs; doctor, lawyer ... etc. And the internet is too ambigious when using search engines.

Econ help 10 pts!!!!!!!? 19. (Consider This) Ticket scalping: a.imposes economic losses on both buyers and sellers. b.creates economic gains for both buyers and sellers. c.imposes losses on buyers, but creates gains for sellers. d.imposes losses on sellers, but creates gains for buyers. 20. Income data that show how total income is distributed as wages, rents, interest, and profits describe the: a.functional distribution of income. b.horizontal distribution of income. c.personal distribution of income. d.vertical distribution of income. 21. The personal distribution of income in the United States is such that the richest fifth receives about _____ percent of personal income. a.30 b.40 c.50 d.60 22. Listed in descending order of relative size, households divide their total incomes among: a.consumption expenditures, saving, and taxes. b.saving, consumption expenditures, and taxes. c.consumption expenditures, taxes, and saving. d.taxes, consumption expenditures, and saving. 23. The majority of personal consumption expenditures go to purchase: a.nondurable goods. b.durable goods. c.capital goods. d.services. 24. In economics, a business establishment that owns one or more plants is called a(n): a.industry. b.shop. c.conglomerate. d.firm. 25. The advantages of the corporate form of business include: a.the ability to raise financial capital by selling stocks and bonds. b.the fact that owners are subject to unlimited liability. c.the elimination of the principal-agent problem. d.single taxation of corporate earnings. 26. The owners of a firm face unlimited liability for the firm's debts in: a.a corporation. b.a proprietorship, but not in a partnership. c.a partnership, but not in a proprietorship. d.both a proprietorship and a partnership. 27. Government may lessen income inequality by: a.providing transfer payments to the poor. b.directly modifying market prices as, for example, by establishing a legal minimum wage. c.using the tax system to tax the wealthy relatively more heavily than the poor. d.doing all of the above. 28. Negative externalities arise: a.when firms pay more than the opportunity cost of resources. b.when the demand curve for a product is located too far to the left. when firms "use" resources without being compelled to pay for their full costs. only in capitalistic societies. 29. Which of the following is a public good? a.chewing gum b.bread c.a professional baseball game d.street lights in a city 30. In performing its stabilization function it may be appropriate for government to: a.increase both government spending and taxes when the economy is experiencing rapid inflation. b.reduce government spending and increase taxes when the economy experiences substantial unemployment. c.increase government spending and reduce taxes when the economy experiences rapid inflation. d.increase government spending and reduce taxes when the economy experiences substantial unemployment. 31. Government transfer payments: a.have been virtually eliminated by Federal revenue sharing. b.have virtually no effect on the distribution of income. c.make the distribution of income less equal. d.make the distribution of income less unequal. 32. The three most important sources of Federal tax revenue in order of descending importance are: a.sales, payroll, and personal income taxes. b.personal income, corporate income, and sales taxes. c.personal income, corporate income, and payroll taxes. d.personal income, payroll, and corporate income taxes. 33. A progressive tax is such that: a.tax rates are higher the greater one's income. b.the same tax rate applies to all income receivers, so that the rich pay absolutely more taxes than the poor. c.entrepreneurial income is exempt from taxation. d.the revenues it yields are spent on transfer payments. 34. Government lotteries are: a.used by a large number of states to supplement their tax revenues. b.illegal in the United States, but are a common source of revenue in other countries. c.used by local governments, but not by state governments. d.a form of progressive taxation. 35. The physical export of motorcycles from the United States to Mexico best illustrates a: a.trade flow. b.resource flow. c.financial flow. d.technology flow. 36. About half of United States international trade is with: a.other industrially advanced capitalist countries. b.the OPEC countries. c.developing countries. d.Russia and China. 37. In recent years the United States has: a.exported more goods and services than it has imported. b.imported more goods and services than it has exported. c.realized an approximate balance in its imports and exports. d.experienced a falling absolute dollar amount of imports and a rising absolute dollar amount of exports.

Economic homework help ! 10 pts!? 19. (Consider This) Ticket scalping: a.imposes economic losses on both buyers and sellers. b.creates economic gains for both buyers and sellers. c.imposes losses on buyers, but creates gains for sellers. d.imposes losses on sellers, but creates gains for buyers. 20. Income data that show how total income is distributed as wages, rents, interest, and profits describe the: a.functional distribution of income. b.horizontal distribution of income. c.personal distribution of income. d.vertical distribution of income. 21. The personal distribution of income in the United States is such that the richest fifth receives about _____ percent of personal income. a.30 b.40 c.50 d.60 22. Listed in descending order of relative size, households divide their total incomes among: a.consumption expenditures, saving, and taxes. b.saving, consumption expenditures, and taxes. c.consumption expenditures, taxes, and saving. d.taxes, consumption expenditures, and saving. 23. The majority of personal consumption expenditures go to purchase: a.nondurable goods. b.durable goods. c.capital goods. d.services. 24. In economics, a business establishment that owns one or more plants is called a(n): a.industry. b.shop. c.conglomerate. d.firm. 25. The advantages of the corporate form of business include: a.the ability to raise financial capital by selling stocks and bonds. b.the fact that owners are subject to unlimited liability. c.the elimination of the principal-agent problem. d.single taxation of corporate earnings. 26. The owners of a firm face unlimited liability for the firm's debts in: a.a corporation. b.a proprietorship, but not in a partnership. c.a partnership, but not in a proprietorship. d.both a proprietorship and a partnership. 27. Government may lessen income inequality by: a.providing transfer payments to the poor. b.directly modifying market prices as, for example, by establishing a legal minimum wage. c.using the tax system to tax the wealthy relatively more heavily than the poor. d.doing all of the above. 28. Negative externalities arise: a.when firms pay more than the opportunity cost of resources. b.when the demand curve for a product is located too far to the left. when firms "use" resources without being compelled to pay for their full costs. only in capitalistic societies. 29. Which of the following is a public good? a.chewing gum b.bread c.a professional baseball game d.street lights in a city 30. In performing its stabilization function it may be appropriate for government to: a.increase both government spending and taxes when the economy is experiencing rapid inflation. b.reduce government spending and increase taxes when the economy experiences substantial unemployment. c.increase government spending and reduce taxes when the economy experiences rapid inflation. d.increase government spending and reduce taxes when the economy experiences substantial unemployment. 31. Government transfer payments: a.have been virtually eliminated by Federal revenue sharing. b.have virtually no effect on the distribution of income. c.make the distribution of income less equal. d.make the distribution of income less unequal. 32. The three most important sources of Federal tax revenue in order of descending importance are: a.sales, payroll, and personal income taxes. b.personal income, corporate income, and sales taxes. c.personal income, corporate income, and payroll taxes. d.personal income, payroll, and corporate income taxes. 33. A progressive tax is such that: a.tax rates are higher the greater one's income. b.the same tax rate applies to all income receivers, so that the rich pay absolutely more taxes than the poor. c.entrepreneurial income is exempt from taxation. d.the revenues it yields are spent on transfer payments. 34. Government lotteries are: a.used by a large number of states to supplement their tax revenues. b.illegal in the United States, but are a common source of revenue in other countries. c.used by local governments, but not by state governments. d.a form of progressive taxation. 35. The physical export of motorcycles from the United States to Mexico best illustrates a: a.trade flow. b.resource flow. c.financial flow. d.technology flow. 36. About half of United States international trade is with: a.other industrially advanced capitalist countries. b.the OPEC countries. c.developing countries. d.Russia and China. 37. In recent years the United States has: a.exported more goods and services than it has imported. b.imported more goods and services than it has exported. c.realized an approximate balance in its imports and exports. d.experienced a falling absolute dollar amount of imports and a rising absolute dollar amount of exports.

Econ help 10 pts!!!!!!!!!!!!? 19. (Consider This) Ticket scalping: a.imposes economic losses on both buyers and sellers. b.creates economic gains for both buyers and sellers. c.imposes losses on buyers, but creates gains for sellers. d.imposes losses on sellers, but creates gains for buyers. 20. Income data that show how total income is distributed as wages, rents, interest, and profits describe the: a.functional distribution of income. b.horizontal distribution of income. c.personal distribution of income. d.vertical distribution of income. 21. The personal distribution of income in the United States is such that the richest fifth receives about _____ percent of personal income. a.30 b.40 c.50 d.60 22. Listed in descending order of relative size, households divide their total incomes among: a.consumption expenditures, saving, and taxes. b.saving, consumption expenditures, and taxes. c.consumption expenditures, taxes, and saving. d.taxes, consumption expenditures, and saving. 23. The majority of personal consumption expenditures go to purchase: a.nondurable goods. b.durable goods. c.capital goods. d.services. 24. In economics, a business establishment that owns one or more plants is called a(n): a.industry. b.shop. c.conglomerate. d.firm. 25. The advantages of the corporate form of business include: a.the ability to raise financial capital by selling stocks and bonds. b.the fact that owners are subject to unlimited liability. c.the elimination of the principal-agent problem. d.single taxation of corporate earnings. 26. The owners of a firm face unlimited liability for the firm's debts in: a.a corporation. b.a proprietorship, but not in a partnership. c.a partnership, but not in a proprietorship. d.both a proprietorship and a partnership. 27. Government may lessen income inequality by: a.providing transfer payments to the poor. b.directly modifying market prices as, for example, by establishing a legal minimum wage. c.using the tax system to tax the wealthy relatively more heavily than the poor. d.doing all of the above. 28. Negative externalities arise: a.when firms pay more than the opportunity cost of resources. b.when the demand curve for a product is located too far to the left. when firms "use" resources without being compelled to pay for their full costs. only in capitalistic societies. 29. Which of the following is a public good? a.chewing gum b.bread c.a professional baseball game d.street lights in a city 30. In performing its stabilization function it may be appropriate for government to: a.increase both government spending and taxes when the economy is experiencing rapid inflation. b.reduce government spending and increase taxes when the economy experiences substantial unemployment. c.increase government spending and reduce taxes when the economy experiences rapid inflation. d.increase government spending and reduce taxes when the economy experiences substantial unemployment. 31. Government transfer payments: a.have been virtually eliminated by Federal revenue sharing. b.have virtually no effect on the distribution of income. c.make the distribution of income less equal. d.make the distribution of income less unequal. 32. The three most important sources of Federal tax revenue in order of descending importance are: a.sales, payroll, and personal income taxes. b.personal income, corporate income, and sales taxes. c.personal income, corporate income, and payroll taxes. d.personal income, payroll, and corporate income taxes. 33. A progressive tax is such that: a.tax rates are higher the greater one's income. b.the same tax rate applies to all income receivers, so that the rich pay absolutely more taxes than the poor. c.entrepreneurial income is exempt from taxation. d.the revenues it yields are spent on transfer payments. 34. Government lotteries are: a.used by a large number of states to supplement their tax revenues. b.illegal in the United States, but are a common source of revenue in other countries. c.used by local governments, but not by state governments. d.a form of progressive taxation. 35. The physical export of motorcycles from the United States to Mexico best illustrates a: a.trade flow. b.resource flow. c.financial flow. d.technology flow. 36. About half of United States international trade is with: a.other industrially advanced capitalist countries. b.the OPEC countries. c.developing countries. d.Russia and China. 37. In recent years the United States has: a.exported more goods and services than it has imported. b.imported more goods and services than it has exported. c.realized an approximate balance in its imports and exports. d.experienced a falling absolute dollar amount of imports and a rising absolute dollar amount of exports.