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Question 6 A progressive tax system has A increasing marginal tax rates. B increasing average tax rates. constant marginal tax rates. None of the above.

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Question 6 A progressive tax system has A increasing marginal tax rates. B increasing average tax rates. constant marginal tax rates. None of the above. Question 7 The Grand Utility Possibility Frontier shows A all combinations of utility that satisfy the three conditions for Pareto efficiency. the highest level of utility for one consumer given a specific level of utility of (all) the other consumer(s). possible distributions of utility All of the above

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