The federal income tax code of the United States is
A) progressive.
B) proportional.
C) regressive.
D) progressive for individuals but proportional for married couples.
Answer: A
Economics
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For a firm, strategic interactions with other firms in the market become more important as the number of firms in the market becomes larger
a. True b. False Indicate whether the statement is true or false
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Which is necessarily true for a perfectly competitive firm in short-run equilibrium?
A. Price minus average total cost equals zero. B. Marginal revenue is zero. C. Marginal revenue minus marginal cost equals zero. D. Total revenue minus total cost equals zero.
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