In the above table, which tax plan is regressive?
A) only plan A
B) only plan B
C) only plan C
D) both plan A and plan C
C
You might also like to view...
Describe in words why the consumer price index overestimates inflation.
What will be an ideal response?
If efficiency wages became more common,
a. both the long-run Phillips curve and the long-run aggregate supply curve would shift right. b. both the long-run Phillips curve and the long-run aggregate supply curve would shift left. c. the long-run Phillips curve would shift right, and the long-run aggregate supply curve would shift left. d. the long-run Phillips curve would shift left, and the long-run aggregate supply curve would shift right.
Technological lock-in:
A. is no longer possible because of the development of network externalities. B. occurs when standardization on a technology blocks the adoption of more efficient technologies. C. occurs when network externalities are absent. D. increases the efficiency with which technology is used.
Use the graph to the right to help determine which of the following statements regarding the labor force participation rates of adult men and women since 1950 is false.
What will be an ideal response?