The sales tax is generally considered to be a regressive tax

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

True

Economics

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What is job rationing and how does it relate to unemployment? What factors can lead to job rationing? Briefly explain these factors

What will be an ideal response?

Economics

"OPEC should supply more oil so that the world's economies can grow more rapidly." This is an example of

A) a normative statement. B) a positive statement. C) a decision at the margin. D) OPEC overcoming scarcity.

Economics