Which of the following tax structures is potentially consistent with the concept of vertical equity?
a. A proportional tax
b. A progressive tax
c. A regressive tax
d. Any of these tax structures are potentially consistent with vertical equity
d
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Jeremiah is not a fan of the ballet, but he believes that his friends all enjoy the cultural experience that ballet brings and he does not want to appear unsophisticated
Unbeknownst to Jeremiah, all of his friends share the same opinion of the ballet as he does, and none of them want to appear unsophisticated to the rest of the grouA) diffusion of responsibility. B) dysfunctional family syndrome. C) pluralistic ignorance. D) a prisoner's dilemma.
Over time, continued budget deficits lead to
a. a higher capital stock and higher productivity. b. a higher capital stock and lower productivity. c. a lower capital stock and higher productivity. d. a lower capital stock and lower productivity.