From the mid-1980s until late 2007, many world economies became less volatile because of:

a. sound macroeconomic policies
b. several structural change that made the economies more flexible
c. good luck
d. All of the above.
e. a through c only

d

Economics

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Elaine's taxable income increases by $1 and her tax payment increases by $0.28. Her marginal tax rate is

A) 72 percent. B) 28 percent. C) 56 percent. D) There is not enough information to answer the question.

Economics

Total consumption consists entirely of two components: autonomous consumption and income-dependent consumption.

Answer the following statement true (T) or false (F)

Economics