If a tax is proportional, the average tax rate
a. remains the same as income rises.
b. rises as income rises.
c. falls as income rises.
d. falls as income falls.
a
Economics
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In oligopolistic markets
A) there are many firms. B) there are no barriers to entry. C) there are only a few firms. D) all firms are price takers.
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According to the analysis in your textbook, the school voucher program would
A. decrease the level of spending on education. B. increase the level of spending on education. C. force some people to leave the public school system. D. leave the level of spending on education the same.
Economics