The cost of borrowing money calculated as a percentage of the amount borrowed is a(n) ______ rate.

The planning and pursuit of the Cold War played in integral role in the conception and growth of American military-industrial complex

Indicate whether the statement is true or false.

A tax levy whose burden weighs more heavily on persons earning higher incomes than it does on individuals making less money is what type of tax?

a) regressive tax b) benefits tax c) progressive tax d) inelastic tax e) proportional tax