A tax is progressive if the average tax rate
A) increases as income increases.
B) increases as income decreases.
C) is negative.
D) is positive.
A
Economics
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Refer to Figure 18-6. If area X = 2,060, area Y = 240, and area Z= 2,700, calculate the Gini coefficient for Syldavia
A) 0.05 B) 0.12 C) 0.46 D) 0.85
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If the current unemployment rate is equal to the natural unemployment rate, then current Real GDP is
A) greater than Natural Real GDP. B) equal to Natural Real GDP. C) equal to the Real GDP produced at full employment. D) less than Natural Real GDP. E) b and c
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What is the present value of $100 two years from now at an interest rate of 5%?
A) $105 B) $95.24 C) $90.70 D) $5
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Use the above table and assume a fixed cost of $200. At an output of 0, total cost is
A. 0.
B. $100.
C. $200.
D. $300.
Economics