A flat-rate income tax is also called ________
A) an excise tax
B) a property tax
C) a proportional income tax
D) a constant rate tax
C
Economics
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If the value of the U.S. dollar changes from 1.4 euros to 1.2 euros, we would expect that the United States would experience a ________ in exports and a ________ in imports
A) rise; rise B) fall; fall C) rise; fall D) fall; rise
Economics
After an increase in demand in a constant-cost industry, firms will find themselves with higher average cost curves
a. True b. False
Economics