A measure of absolute price changes that excludes changes in energy and food prices is called:
A) fringe rate of inflation.
B) core rate of inflation.
C) overall inflation.
D) none of the above.
B
Economics
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In a progressive tax system, ________
A) the average tax rate equals the marginal tax rate B) the marginal tax rate exceeds the average tax rate C) the average tax rate exceeds the marginal tax rate D) the average tax rate is equal for all taxpayers
Economics
Since the 1980s, the share of measured income received by the lowest fifth of families has risen
a. True b. False Indicate whether the statement is true or false
Economics