If individual income rises because

  1. An​ individual's income rises from ​$88 comma 000per year to ​$92 comma 000 per​ year, and as a consequence the​
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  2. Which of the following describes the substitution effect?(1 point)Responses a As wages increase, an individual's total potential
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  3. Which of the following describes the substitution effect?A. As wages increase, an individual's total potential income rises,
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  4. Which of the following describes the substitution effect?(1 point)Responses As wages increase, an individual's total potential
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  5. Determine who pays individual income taxes, corporate income taxes, and payroll taxes.(1 point)Responses Companies pay corporate
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  6. How do banks interpret an individual's high debt-to-income ratio?The individual would have to pay a small proportion of annual
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  7. Determine who pays individual income taxes, corporate income taxes, and payroll taxes. (1 point)Companies pay individual income,
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  8. Which group of taxes are all examples of regressive taxes? (1 point)O payroll tax and state corporate income tax • sales tax,
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  9. 1)Which of the following represent expansionary fiscal policy?A. an increase in average individual income tax rates B. an
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  10. 1)Which of the following represent expansionary fiscal policy?A. an increase in average individual income tax rates B. an
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