Author Question: A worker pays a tax for Social Security at a constant rate up until a certain level of income is ... (Read 66 times)

meagbuch · **on:** Jun 29, 2018

A worker pays a tax for Social Security at a constant rate up until a certain level of income is reached. Beyond that income level, no more Social Security tax is paid. The Social Security tax is an example of a

A) progressive tax.
B) regressive tax.
C) proportional tax.
D) sales tax.

Question 2

If the monopoly illustrated in the figure above could engage in perfect price discrimination, then each buyer would pay

A) 2.00.
B) 3.00.
C) 3.50.
D) a different price.