Consider the country of Inland. In Inland, people's average tax rates decrease with the level of income. Inland has a ________ tax structure

A) progressive
B) regressive
C) proportional
D) flat-rate

B

Economics

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For competing firms, a(n) ____________________ strategy is the strategy that is in a firm's best interest, ________________ the action taken by the other firm:

a. dominant; regardless b. dominant; only after considering c. equilibrium; only after considering d. tit for tat; regardless

Economics

After a couple of months searching for a job, Sofia is hired. Which of the following increases?

a. the labor force and the labor force participation rate b. the labor force participation rate but not the labor force c. the labor force participation rate but not the labor force d. neither the labor force nor the labor force participation rate

Economics