To counter the recession of 2008-2009 President Obama and congress created a large increase in government expenditures

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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If Elmer Lach is taxed $100 on an income of $1,000 . Toe Blake is taxed $180 on an income of $2,000 . and Maurice Richard is taxed $220 on an income of $3,000 . the tax system is

a. progressive b. poll c. proportional d. regressive e. head

Economics

Using a common resource:

A. creates a positive externality for others. B. maximizes total surplus. C. imposes a negative externality on others. D. is an irrational decision.

Economics