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Author Question: Cost-push inflation happens when technological innovation unexpectedly lowers the cost of ... (Read 76 times)

ahriuashd

  • Hero Member
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  • Posts: 535
on: Jun 30, 2018
Cost-push inflation happens when technological innovation unexpectedly lowers the cost of production, causing increased demand for goods and services.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

When a tax is regressive, as a person's income rises, the tax rate:
 a. stays the same.
  b. decreases.
  c. increases.
  d. increase and then decreases.
  e. decreases and then increases.


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Marked as best answer by a Subject Expert

al

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

False

Answer to Question 2

b


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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