Author Question: The school of thought that emphasizes the natural tendency for an economy to move toward equilibrium ... (Read 55 times)

theo · **on:** Jun 30, 2018

The school of thought that emphasizes the natural tendency for an economy to move toward equilibrium full employment is known as the:
a. Keynesian school.
b. supply-side school.
c. rational expectations school.
d. classical school.

Question 2

A progressive tax means the percentage of income paid as taxes:
a. increases as income increases.
b. decreases as income increases.
c. remains the same as income increases.
d. none of these.