Americans are creating an enormous amount of solid waste daily-over 4 pounds per person per day. How is the United States coping with this extraordinary problem?
Fortunately, recycling rates are rising to meet this rising tide of garbage. The Environmental Protection Agency estimates that the rate at which materials in the municipal solid waste stream were recycled rose to 33 percent in 2008 which represents an increase of 200%. The situation has been aided by rising prices of recycled materials as manufacturers have employed the technology available for recycling.
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In a progressive tax system
A) the marginal tax rate and the average tax rate are the same for every income level and the same as income increases. B) the marginal tax rate increase as income increases but the average tax rate does not change as income increases. C) the marginal tax rate and the average tax rate increase as income levels increase and the marginal tax rate exceeds the average tax rate. D) the marginal tax rate and the average tax rate decrease as income levels increase and the marginal tax rate is less than the average tax rate.
As the economy declines into recession, the collection of personal income tax revenues automatically falls. This phenomenon best illustrates how a progressive income-tax system
A. offsets the timing problem for fiscal policy. B. increases crowding out in the economy. C. decreases real interest rates in the economy. D. serves as an automatic stabilizer for the economy.
Evaluate the statement: “Americans should be pleased with the advances in U.S. health care because it improves the overall standard of living.”
What will be an ideal response?
When there is a sudden decrease in the real interest rate in Canada, the Canadian dollar will depreciate
a. True b. False Indicate whether the statement is true or false