Which of the following tax systems is the most fair?
a. proportional taxes
b. regressive taxes
c. progressive taxes
d. There is no objective way to assess fairness among the three systems.
d
Economics
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Is there any risk involved in using fiat money? How can it be minimized?
What will be an ideal response?
Economics
Which of these partly accounts for the long-term growth in production in the U.S. economy?
a. An increase in government spending b. An increase in the availability of resources c. A reduction in federal taxes d. A gradual but consistent increase in the price level e. A general optimism about the future and the pioneering spirit of America
Economics