A progressive tax is one where the percentage charged on income ______________ as income increases.
A. increases and then decreases
B. is constant
C. decreases
D. increases
D. increases
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A sudden appreciation in the exchange rate of a country deteriorates the terms of trade of the country
a. True b. False Indicate whether the statement is true or false
What can be concluded about the U.S. balance of trade dating back to 1965?
a. During most years, the United States experienced a trade surplus on goods and services.
b. During most years, the value of goods and services imported exceeded the value of goods and services exported.
c. During most years, the United States experienced a positive value for the balance on goods and services.
d. During most years, the value of goods and services exported exceeded the value of goods and services imported.
In the industry of phone apps, end users are
A) advertisers only. B) app users only. C) both advertisers and app users. D) no one.
Explain how the German Bundesbank gained its low-inflation reputation
What will be an ideal response?