When a tax is regressive, as a person's income rises, the tax rate:

a. stays the same.
b. decreases.
c. increases.
d. increase and then decreases.
e. decreases and then increases.


b

Economics

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The two standard ways of defining poverty thresholds are

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a. $1.25 billion at an annual rate. b. $4 billion at an annual rate. c. $5 billion at an annual rate. d. $20 billion at an annual rate.

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The screening process a bank follows for a loan applicant:

A. is based on just public information. B. uses information that anyone can obtain, the bank can usually obtain it cheaper. C. includes information that can be available to other firms, as well as proprietary information that only the bank would have. D. uses only confidential information.

Economics