Refer to the diagram. Which tax system has the least built-in stability?





A.  T 4 .

B.  T 3 .

C.  T 2 .

D.  T 1 .


A.  T 4 .

Economics

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The underlying fluctuations in real GDP due to the business cycle are reflected by fluctuations in

A) inflation. B) population growth. C) the labor force. D) real GDP per capita.

Economics

Interest rates typically rise when

A) bond prices increase. B) bond prices decrease. C) the coupon payout on existing bonds increase. D) the maturity date on existing bonds extends farther into the future.

Economics

In monopolistic competition, firms may differentiate their products in many ways except on the basis of:

a. quality. b. style. c. price. d. packaging. e. guarantees.

Economics

Yet 57 days before a flight, the lowest average was 19% lower, at $____

Fill in the blank(s) with the appropriate word(s).

Economics