This topic contains a solution. Click here to go to the answer

Author Question: Cost-push inflation happens when technological innovation unexpectedly lowers the cost of ... (Read 88 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

al

  • Sr. Member
  • ****
  • Posts: 344
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


rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

For a complete list of videos, visit our video library