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True or false. A regressive tax imposes a lower percentage rate of taxation on low incomes than on high incomes.
A regressive tax imposes a lower percentage rate of taxation on low incomes than on high incomes. FALSE.
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Asked 10/31/2013 11:50:16 AM
Updated 2/16/2018 8:47:12 PM
1 Answer/Comment
Unflagged by yumdrea [2/16/2018 8:47:11 PM], Edited by yumdrea [2/16/2018 8:47:12 PM]
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A regressive tax imposes a lower percentage rate of taxation on low incomes than on high incomes. FALSE.
Added 2/15/2018 2:18:59 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [2/16/2018 8:47:14 PM]
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true or false? What is deflation? a. A lack of economic growth. c. A decrease in the general price level. b. A reduction in the supply of money. d. A decrease in a nation s standard of living.
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Updated 3/19/2015 10:32:59 PM
1 Answer/Comment
Deflation is a decrease in the general price level.
Added 3/19/2015 10:32:59 PM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [3/20/2015 1:55:03 AM]
All of the following are included in GDP EXCEPT a. the income from a garage sale. c. the value of a new house. b. the value of a new car. d. the sale of an ice cream cone.
Question
Updated 3/11/2015 2:27:14 AM
1 Answer/Comment
All of the following are included in GDP EXCEPT the income from a garage sale.
Added 3/11/2015 2:27:14 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/11/2015 2:31:50 AM]
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