The Social Security tax is
A. A regressive tax.
B. A progressive tax.
C. A proportional tax.
D. A proportional tax at low income levels and a progressive tax at higher income levels.
Answer: A
Economics
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Economics
Cost-push inflation can be shown on an aggregate supply aggregate demand diagram as
A) a rightward shift of the aggregate supply curve with no change in aggregate demand. B) a rightward shift in the aggregate demand curve with no change in aggregate supply. C) a leftward shift in the aggregate demand curve with no change in aggregate supply. D) a leftward shift in the aggregate supply curve with no change in aggregate demand.
Economics