Government action is based on majority rule, whereas mar- Ket action is based on mutual consent. The market allows for proportional representation of minontes. but minorities must yield to the views ol the majonty when acuviles are undertaken through government." In your own words, explain the meanine of this statement. Is the statement true? Why or why not

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Q: None

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Q: What effect does implementing a progressive tax system have on income inequality in a country? A. It…

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