The share of Americans who pay no personal income tax
a. has been relatively constant at approximately 33 percent throughout 1975-2010.
b. was relatively constant near 33 percent between 1975 and 2000 . but it has increased during the past decade, reaching nearly half of adult Americans in 2010.
c. was relatively constant near 33 percent between 1975 and 2000 . but it has fallen during the past decade, receding to only 18 percent in 2010.
d. rose steadily from 18 percent in 1975 to nearly 50 percent of adult Americans in 2000 . but it receded to less than 40 percent in 2010.
B
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Exchange rate changes are
A) not very volatile because of offsetting changes in demand and supply. B) very volatile because supply and demand changes reinforce each other. C) infrequent because the exchange rate rarely changes. D) not very volatile because of government intervention. E) very volatile because of government intervention in the market.
A circular flow diagram shows the flows from the goods and resources markets
Indicate whether the statement is true or false