In the above table, which tax plan is proportional?

A) only plan A
B) only plan B
C) only plan C
D) both plan A and plan C


A

Economics

You might also like to view...

Any attempt to capture a consumer surplus, a producer surplus, or an economic profit is called

A) profit-maximizing. B) rent-seeking. C) price discriminating. D) efficiency gain.

Economics

Which of the following will decrease if the Fed sells bonds?

a. autonomous consumption. b. business investment. c. real GDP. d. none of the above.

Economics

The rate of technological development is clearly faster under perfectly competitive market structures

Indicate whether the statement is true or false

Economics

Supply and demand is an economic tool that analyzes the total costs and benefits of alternative policies to different groups, such as producers and consumers.

a. true b. false

Economics