A tax is structured so that the tax as a percentage of income ...

[j.rubin]

A tax is structured so that the tax as a percentage of income declines as the level of income increases is called a(n):
 a. flat tax.
  b. regressive tax.
  c. progressive tax.
  d. excise tax.

Question 2

The Keynesian view stresses that:
 a. demand creates its own demand.
  b. there is direct relationship between consumer spending and disposable income.
  c. when aggregate expenditures (demand) can be forever less than full-employment output therefore prolonged unemployment will persist.
  d. all of these are true.

[Tonny]

Answer to Question 1

a

Answer to Question 2

d

[j.rubin]

Excellent

[bdobbins]

Gracias!