A tax that varies directly with the income of the person—the higher the income, the higher the tax rate—is known as a(n)
a. regressive tax
b. progressive tax
c. proportional tax
d. flat tax
e. excise tax
B
Economics
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What will be an ideal response?
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In the long run, ________ differences in economic growth rates result in ________ differences in GDP per capita
A) small; no B) small; large C) large; no D) large; small
Economics