Author Question: The popular theory prior to the Great Depression that the economy will automatically adjust to ... (Read 77 times)

Melani1276

  • Hero Member
  • *****
  • Posts: 516
The popular theory prior to the Great Depression that the economy will automatically adjust to achieve full employment in the long run is:
 a. supply-side economics.
  b. Keynesian economics.
  c. classical economics.
  d. mercantilism

Question 2

If a person is taxed 1,000 on an income of 10,000 . taxed 2,000 on an income of 20,000 . and taxed 3,000 on an income of 30,000 . this person is paying a(n):
 a. progressive tax.
  b. regressive tax.
  c. proportional tax.
  d. poll tax.
  e. excise tax.



macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

c

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

For a complete list of videos, visit our video library