A Dutch auction is a(n) ________-bid auction in which participants ________ observe each participant's bids.

A) descending; do not
B) ascending; do not
C) descending; do
D) ascending; do

A) descending; do not

Economics

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An income tax system where higher tax rates are applied to increased amounts of income is called a:

A) regressive tax system. B) proportional tax system. C) progressive tax system. D) flat tax system.

Economics

Would the Keynesian consumption function work well in a world of libertarian paternalists?

What will be an ideal response?

Economics