Author Question: An income tax for which the average tax rate decreases with income is called a A) regressive ... (Read 66 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
An income tax for which the average tax rate decreases with income is called a
 
  A) regressive income tax.
  B) proportional income tax.
  C) flat-rate income tax.
  D) progressive income tax.

Question 2

________ is the benefit that a consumer of a good or service receives.
 
  A) Marginal private benefit
  B) Marginal external benefit
  C) Marginal social benefit
  D) Both answers A and B are correct.



milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library