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Author Question: Economists define the long run as any production time period lasting over one year. a. True b. ... (Read 101 times)

kamilo84

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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.



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Dominic

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Answer to Question 1

False

Answer to Question 2

a





 

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