Why do liberals defend progressive taxes?
A) Progressive rates reduce income inequality in the society.
B) Progressive taxes encourage people to make economic decisions on the basis of tax considerations.
C) When taxes aren't progressive they overburden the wealthiest segments of the population.
D) Progressive taxes encourage investment and hard work by the most productive members of society.
E) Progressive taxes are the most effective at reducing budget deficits.
A
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The outcome of a civil trial is generally which of the following?
a. jail time b. hard labor c. financial judgment d. a plea bargain
Which of the following best describes the relationship between transaction costs and conformity costs?
A. The relationship is inverse as efforts to reduce transaction costs serve to increase conformity costs. B. It is a positive relationship as lower transaction costs result in lower conformity costs. C. It depends on the nature of the political institutions established in a nation's constitution. D. There is no relationship between these costs because they address separate concerns.