The type of currency in circulation in the modern U.S. economy is almost entirely
a. commodity money.
b. metallic money.
c. fiat money.
d. silver certificates.
c
Economics
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In many countries, the system of titling is:
A. weak, allowing more and faster investment. B. weak, slowing economic development. C. strong, slowing the amount of property transfer. D. strong, slowing economic growth.
Economics
Suppose that if your income is $50,000, your tax is $5,000, but if your income is $100,000, your tax is $8,000. Such a tax is
A. Regressive. B. An excise tax. C. Proportional. D. Progressive.
Economics