Which of the schedules represent(s) a proportional tax?
Answer the question on the basis of the following five schedules, all of which represent income tax schedules for an economy. All figures are in billions of dollars.
A. II and IV.
B. III and V.
C. IV only.
D. I only.
A. II and IV.
Economics
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When prices rise, consumers and businesses hold larger money balances. This reduces the supply of loanable funds, increases the interest rate, and discourages both consumption and investment. This process is called the:
a. interest-rate effect. b. real balance effect. c. investment effect. d. disinvestment effect.
Economics
What is an organization chart?
Economics