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Author Question: The popular theory prior to the Great Depression that the economy will automatically adjust to ... (Read 107 times)

Melani1276

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  • Posts: 516
on: Jun 30, 2018
The popular theory prior to the Great Depression that the economy will automatically adjust to achieve full employment in the long run is:
 a. supply-side economics.
  b. Keynesian economics.
  c. classical economics.
  d. mercantilism

Question 2

If a person is taxed 1,000 on an income of 10,000 . taxed 2,000 on an income of 20,000 . and taxed 3,000 on an income of 30,000 . this person is paying a(n):
 a. progressive tax.
  b. regressive tax.
  c. proportional tax.
  d. poll tax.
  e. excise tax.


macagnavarro

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

c

Answer to Question 2

c


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