Social Security taxes are
A) progressive because all workers pay the tax.
B) regressive because higher income workers pay taxes on a smaller percentage of their income.
C) proportional because everyone is charged the same percentage tax rate.
D) regressive because higher income workers don't pay the tax.
B
Economics
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According to this Application, clear property rights
A) hinder economic growth in developing nations. B) have no impact on the economic growth of developed nations. C) are important for economic growth in developing and developed nations. D) are important for economic growth in developed nations, but not in developing nations.
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The supply curve of bonds is graphed as a vertical line
Indicate whether the statement is true or false
Economics