Regressive income taxes are
A) an important form of income redistribution.
B) present when the average tax rate decreases as income decreases.
C) present when the average tax rate decreases as income increases.
D) Both answers A and B are correct.
C
Economics
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Buying a house during a recession may be a good idea if your job seems secure because the Federal Reserve often lowers interest rates during a recession
Indicate whether the statement is true or false
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If the price level falls, the real value of a dollar
a. rises, so people will want to buy more. b. rises, so people will want to buy less. c. falls, so people will want to buy more. d. falls, so people will want to buy less.
Economics