Answer: 1. the percentage of income paid as taxes falls as income rises
Explanation: A REGRESSIVE TAX is a tax imposed in a way or manner in which the tax rate decreases as the amount subject to taxation increases. "Regressive" describes a distribution effect on expenditure or income, referring to the way the rate progresses from high to low, so in this case the average tax rate exceeds the marginal tax rate.
Answer:
b. false.
Explanation:
because it is presented in certain legal contracts as an estimate of otherwise intangible or hard-to-define losses to one of the parties. It is a provision that allows for the payment of a specified sum should one of the parties be in breach of contract.
For the answer to the question above, i<span>n macroeconomics, the guns versus butter model is a simple example of the production possibility frontier. It models the relationship between a nation's investment in defense and civilian goods.
I hope my answer helped you.</span>
The term
public opinion is used to define as people’s beliefs and attitudes toward
different issues. Public opinions is the changeable attitudes that citizens
poses toward political issues, events, and people. The competition between
varying opinions and ideas that are aired in public forums.
