A regressive tax is one in which the average tax rate falls as income rises.
Answer the following statement true (T) or false (F)
True
Economics
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The defining features of business cycles is that they
A. are inherently bad B. represent the underlying trend of real GDP C. are fluctuations about trend of real GDP D. measure prospects for future growth in the economy
Economics
What control tool did the Chinese government use to control population mobility?
a. Hukou b. Armed police c. Passport d. Party Committee
Economics