If you pay $2,000 in taxes on an income of $20,000, and a tax of $3,500 on an income of $30,000, then over this range of income the tax is
A) regressive.
B) proportional.
C) progressive.
D) There is insufficient information to answer the question.
C
Economics
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If your income rises by 25 percent and, as a result, you buy fewer packages of Ramen Noodles, then Ramen Noodles are a(n)
A) substitute. B) normal good. C) complement. D) inferior good.
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Like any cartel, a union is a group of sellers acting together in the hope of exerting their joint market power
a. True b. False Indicate whether the statement is true or false
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