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Explain how built in (or automatic) stabilizers work. What are the differences between proportional, progressive, and regressive tax systems as they relate to an economy's built in stability?
Microeconomics, Economics
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Question: Define regressive tax, If a tax system makes a family with 40,000$ income pay 3,000$ in tax while a family with a 80,000$ income pays 5000$ in tax does that suggets regressivness? The response must be typed, si ...
Question: Like supermarkets, full-service department stores like Macy's are generally in decline. What factors might these types of stores have in common behind their declines? How would you determine which were importan ...
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