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
B
Economics
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Do any of the fundamental factors depend on the rate of inflation?
A. Yes, but only in the long run. B. Yes, both in the short and long run. C. No, not even in the short run. D. No, at least not in the long run.
Economics
Which of the following expressions gives the present value of future dividends for a company whose current dividend is $5.00 and whose future dividends are expected to grow at rate g?
A) [$5.00(1 - g)]/(i - g) B) [$5.00(1 + g)]/(i + g) C) [$5.00(1 - g)]/(i + g) D) [$5.00(1 + g)]/(i - g)
Economics