Are you asking what they depended on to make money?
A. A person with a higher income pays more money in taxes.
A progressive tax's percentage is dependent on what income bracket you are in. So if you are in a higher income bracket (you earn more) then you would pay a bigger percentage than someone in a lower income bracket. That is why it is a "progressive tax", because it gets progressively bigger.
The correct answer is the first option: one consequence of stagflation is that the economy drastically slows down as money loses its buying power.
Stagflation is known as an economic problem that occurs when there are rising inflation and unemployment which causes money to lose its original value. Thus, spending declines and loses its buying power too.
Approximately the cost of a car dropped from $940 in 1920 to $290 in the mid-1920s.
<h3>What is
cost of a car in 1920s?</h3>
It should be noted that there are wheels which varies depending on the make and model in 1920s.
Some of the Chevrolet in the 1920s can cost from $525 which is tyhe same some of the new car of other products, and that is different from price in 2020, hence Approximately the cost of a car dropped from $940 in 1920 to $290 in the mid-1920s.
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A Precarious peace was the USA having a modest army meaning avoiding involvement abroad.
