A tax is progressive if the ratio of taxes to income rises as income rises
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Securitized loans
What will be an ideal response?
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A "payday loan" is a ________ amount of money borrowed for short period, by ________ income people who have a checking account, a job, and direct deposit of their paycheck
a. large; higher b. small; higher c. large; lower d. small; lower
Economics