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Author Question: Suppose fairness is defined as those with the highest incomes can afford to pay a greater proportion ... (Read 25 times)

rmenurse

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on: Jun 30, 2018
Suppose fairness is defined as those with the highest incomes can afford to pay a greater proportion of their income in taxes. Then which of the following taxation systems would be consistent with this notion of fairness?
 a. A true flax tax.
  b. A flat sales tax on consumption purchases.
  c. A progressive tax on income.
  d. A fixed federal tax of 5,000 that everyone pays regardless of income status.

Question 2

A sustained decrease in the price level is known as deflation.
 a. True
  b. False
  Indicate whether the statement is true or false


Jayson

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


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