The study of economics is primarily concerned with
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The goal of a command economy is to
A pure market economy is sometimes called pure
Which tax uses the same rate for all income levels?
Tax that uses the same rate for all income levels is proportional tax.
Globalization has the largest effect on
Globalization has the largest effect on the economies. Globalisation is the process of interaction and integration between people, companies, and governments worldwide.
Microeconomics is concerned with
Microeconomics is concerned with the study of individual firms, households, etc...
The most important determinant of consumer spending is
The most important determinant of consumer spending is the level of income.
A large underground economy results in an
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