How do taxes affect income inequality?
A) Taxes have no effect on income inequality.
B) Taxes tend to reduce income inequality, because only about 40% of taxes are progressive.
C) Taxes tend to increase income inequality, because only about 40% of taxes are regressive.
D) Taxes tend to reduce income inequality, because only about 40% of taxes are proportional.
Correct Answer:
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Q1: Monetary policy may be defined as
A) a
Q2: The central bank of the United States
Q3: The Board of Governors of the Federal
Q4: Monetary policy is conducted by
A) the Banking
Q5: The function of the Federal Deposit Insurance
Q6: The Federal Reserve makes loans to individual
Q7: During a recession, the Federal Reserve may
Q8: During inflationary periods, the Federal Reserve can
Q9: The interest rate that banks charge each
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