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 177 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
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.



Related Topics

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
Answer to Question 1

False

Answer to Question 2

a





 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

For a complete list of videos, visit our video library