Over the past 100 years, as the U.S. economy's income has grown,

a. tax rates have decreased, while tax revenues have increased.
b. tax rates have increased, while tax revenues have decreased.
c. both tax rates and tax revenues have increased.
d. both tax rates and tax revenues have decreased.

c

Economics

You might also like to view...

Which of the following would tend to increase the demand for college textbooks?

A) A lower price of college textbooks B) An increase in the number of enrolled college students C) A significant increase in college tuition D) Both A and B

Economics

The reduction in global poverty between 1990 and 2006 is almost entirely due to the decline in poverty in India

Indicate whether the statement is true or false

Economics