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Author Question: Alex, Bill, and Cid live in Souland. Their annual incomes and the amounts they pay in income tax are ... (Read 30 times)

jc611

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on: Jun 29, 2018
Alex, Bill, and Cid live in Souland. Their annual incomes and the amounts they pay in income tax are shown in the table below. Income Tax Alex 30,000 6,000 Bill 20,000 4,000 Cid 40,000 8,000 The income tax in Souland is
 
  A) proportional.
  B) disproportional.
  C) regressive.
  D) progressive.

Question 2

The demand for a product produced by a union becomes more elastic. After this change, how does an increase in the wage rate paid its members affect their employment?
 
  A) It does not decrease employment at all.
  B) It decreases employment by less than it would have before.
  C) It decreases employment by more than it would have before.
  D) It increases employment.


cpetit11

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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