Taxes can have different effects on different income groups. Which type of tax takes a larger percentage of income from high-income groups than from low-income groups?
(a) Progressive
(b) Regressive
(c) Proportional
(d) Flat
(e) Protective
(a)
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In the context of the environment, the type of transactions costs that includes sampling the emissions of many companies to determine which company or companies are emitting pollution are called
A) search costs. B) collectivization costs. C) negotiation costs. D) monitoring and enforcement costs.
When the level of unplanned inventory investment is equal to zero, the economy is
A) in disequilibrium. B) in a recession. C) in equilibrium. D) overheating
The primary tool the Fed uses to control the money supply today is: a. the discount rate
b. the required reserve ratio. c. the discount window. d. chartering. e. open market operations.
The unemployment rate is the
A. number of unemployed divided by the number of employed. B. labor force divided by the number of unemployed. C. number of unemployed divided by the labor force. D. number of employed divided by the number of unemployed.