[Answered] Economists define the long run as any production time period lasting over one year. a. True b. ...

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Author Question: Economists define the long run as any production time period lasting over one year. a. True b. ... (Read 170 times)

kamilo84

Sr. Member
Posts: 495

on: Jun 30, 2018

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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Marked as best answer by a Subject Expert

Dominic

Sr. Member
Posts: 328

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

a

kamilo84

Sr. Member
Posts: 495

Reply #2 on: Jun 30, 2018

Thank you

Dominic

Sr. Member
Posts: 328

Reply #3 on: Jun 30, 2018

Happy to help you

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