A progressive income tax means the percentage of income paid in taxes decreases as income increases

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Credibility is not important in ________

A) new Keynesian and traditional Keynesian theory B) real business cycle and traditional Keynesian theory C) real business cycle and new Keynesian theory D) traditional Keynesian, new Keynesian and real business cycle theory

Economics

An example of economic dualism is a(n)

a. efficient modern farm sector alongside peasant agriculture b. modern urban sector and a traditional, peasant-based rural sector c. efficient export sector and an inefficient, protected import-competing sector d. efficient private sector and an inefficient public sector e. large, market-based sector and a smaller, home-based production sector

Economics