The highest fifth of all families receive approximately ____ of the distribution of annual money income among families
a. 5 percent
b. 10 percent
c. 25 percent
d. 50 percent
d
Economics
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Regressive taxes have a negative impact on citizens while progressive taxes have a positive impact
Indicate whether the statement is true or false
Economics
If the real interest rate in the economy is i and the expected rate of return on additional investment is r, then other things equal:
A. investment will take place until i and r are equal. B. investment will take place until r exceeds i by the greatest amount. C. r will rise as more investment is undertaken. D. i will fall as more investment is undertaken.
Economics