A tax system that applies a lower marginal tax rate at higher levels of income is

A) progressive.
B) regressive.
C) proportional.
D) flat.

Answer: B

Economics

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In the loanable funds market, what will change to eliminate a shortage of loanable funds and how is the shortage eliminated?

What will be an ideal response?

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The payment received by suppliers of entrepreneurial skills is called rent

Indicate whether the statement is true or false

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