If the marginal tax rate is greater than the average tax rate, the tax structure is described as regressive
Indicate whether the statement is true or false
FALSE
Economics
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Currently about what percentage of the civilian labor force is unionized in the United States?
A) 6 percent B) 12 percent C) 30 percent D) 70 percent
Economics
The marginal utility per dollar that Harold Stratton receives from oranges is greater than the marginal utility per dollar Harold receives from pears. To maximize his utility, what should Harold do?
A) He should acquire more income so that he can afford to buy more oranges and pears. B) He should reduce his consumption of both oranges and pears so that he can buy a greater variety of goods. C) He should buy fewer pears and more oranges. D) He should buy fewer oranges and more pears.
Economics