The Lithuanian tax rate for all citizens' income is 24 percent. ...

[cabate]

The Lithuanian tax rate for all citizens' income is 24 percent. If the Lithuanian government was concerned about income inequality, they should change the tax system from a system that is currently ________ to a system that is ________.
 
  A) progressive; proportional
  B) regressive; progressive
  C) proportional; progressive
  D) proportional; regressive

Question 2

Consumption possibilities are limited by total utility. True or false? Explain.
 
  Indicate whether the statement is true or false

[Cheesycrackers]

Answer to Question 1

C

Answer to Question 2

False. Consumption possibilities are limit by the consumers' income and by the prices of goods and services they buy. Total utility does not limit consumption, it is a measure of total benefit that consumers get from consumption of goods and services.

[cabate]

Thanks for the timely response, appreciate it

[tkempin]

Gracias!