3 Questions
Which of the following is an example of a regressive tax?
Sales tax
What is the main objective of microeconomics?
Analyzing individual consumer behavior and market dynamics
What is the 'Phillips curve' in economics?
Shows the relationship between inflation and unemployment
Test your knowledge of microeconomics, taxation, and macroeconomic theories with this quiz. Explore the main objectives of microeconomics, identify examples of regressive taxes, and understand the concept of the Phillips curve in economics. Challenge yourself and expand your understanding of key economic principles.
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