Examlex
A flat tax is an example of a graduated tax system.
United States
A nation situated in North America, recognized for its vast economy and varied populace.
Quantity Demanded
The aggregate quantity of a product or service that buyers are prepared to buy at a specified price within a certain timeframe.
Imports
Goods or services brought into a country from abroad for sale.
Equilibrium
A situation in a market where demand equals supply, and there is no tendency for the quantities supplied and demanded to change.
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