Refer to the scenario above. If each family pays 12% of its income as tax every year, the local government follows a(n) ________ tax system
A) cardinal
B) ordinal
C) progressive
D) proportional
D
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Which region has the highest proportion of its children working?
What will be an ideal response?
John M. Keynes is best known for advocating:
(a) A policy of annually balancing the budget. (b) Deficit spending during some recessions. (c) Contractionary fiscal policy during a recession. (d) Expansionary fiscal policy during a boom.
If the unemployment rate is 7% and the number of people employed is 300,000, total number of people unemployed is approximately
A. 21,000 people. B. 22,580 people. C. 23,330 people. D. 42,050 people.
In the foreign exchange market between the Swiss franc and the U.S. dollar, if the supply of francs increases and the demand for francs decreases, the equilibrium quantity of Swiss francs will definitely increase.
Answer the following statement true (T) or false (F)