This topic contains a solution. Click here to go to the answer

Author Question: In a market system, the what, how and for whom questions in economics are determined by A) those ... (Read 49 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
In a market system, the what, how and for whom questions in economics are determined by
 
  A) those who are not in the market.
  B) buyers and sellers together.
  C) the central authority.
  D) no one.

Question 2

The marginal income tax rate is equal to
 
  A) the total tax payment divided by total income.
  B) the change in the tax payment divided by the change in income.
  C) the average tax payment divided by the total tax payment.
  D) the percent of total income that goes to taxes.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

snackralk

  • Sr. Member
  • ****
  • Posts: 363
Answer to Question 1

B

Answer to Question 2

B




Metfan725

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

For a complete list of videos, visit our video library