The past two decades has seen a steady increase in the share of total taxes paid by high-income groups
a. True b. False
a
Economics
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The marginal propensity to consume is defined as
A) the change in consumption divided by the change in disposable income. B) the change in disposable income divided by the change in consumption. C) consumption divided by disposable income. D) disposable income divided by consumption.
Economics
Voters who do not have single-peaked preferences _____
a. prefer outcomes closer to their most preferred outcome to outcomes further away b. do not necessarily prefer outcomes closer to their most preferred outcome to outcomes farther away c. prefer all outcomes the same d. are unable to weigh one outcome against another outcome, regardless of where the outcome is along a one-dimensional continuum
Economics