[Answered] Economists define the long run as any production time period lasting over one year. a. True b. ...

This topic contains a solution. Click here to go to the answer

Author Question: Economists define the long run as any production time period lasting over one year. a. True b. ... (Read 103 times)

kamilo84

Sr. Member
Posts: 495

on: Jun 30, 2018

Economists define the long run as any production time period lasting over one year.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If the tax rate remains the same as the base increases, the income tax structure is said to be:
a. proportional.
b. lump-sum.
c. negatively skewed.
d. progressive.
e. regressive.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

Dominic

Sr. Member
Posts: 328

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

a

kamilo84

Sr. Member
Posts: 495

Reply #2 on: Jun 30, 2018

Thank you

Dominic

Sr. Member
Posts: 328

Reply #3 on: Jun 30, 2018

Happy to help you

« previous next »

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.