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Author Question: Demand-pull inflation occurs during a period of time in which total spending is increasing less than ... (Read 69 times)

kshipps

  • Hero Member
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on: Jun 30, 2018
Demand-pull inflation occurs during a period of time in which total spending is increasing less than total output (GDP) is increasing.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The social security tax is a:
 a. progressive tax at all income levels.
  b. regressive tax above a certain income level.
  c. proportional tax at all income levels.
  d. none of these.


jamesnevil303

  • Sr. Member
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  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


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