This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Refer to the scenario above. If the local government has a progressive tax system, which family pays ... (Read 62 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
on: Jun 29, 2018
Refer to the scenario above. If the local government has a progressive tax system, which family pays the largest amount as tax?
 
  A) The first household
  B) The second household
  C) The third household
  D) The fourth household

Question 2

A mugger steals 25 from John Doe. What can an economist conclude?
 
  A) Nobody gained in the exchange.
  B) Both parties gained in the exchange.
  C) Only the mugger's wealth has increased.
  D) Nothing, because economists study strictly voluntary exchanges.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karmakat49

  • Sr. Member
  • ****
  • Posts: 369
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Mimi

  • Member
  • Posts: 542
Reply 2 on: Jun 29, 2018
Wow, this really help

Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

The endocrine glands of the endocrine system are distributed throughout the body. The endocrine glands of the endocrine system are distributed throughout the body.
Organization of the nervous system. Organization of the nervous system.
Outline of the System That Controls Drinking Outline of the System That Controls Drinking
Family Structure: U.S. Families with Children under Age 18 Headed by Mothers, Fathers and Both ... Family Structure: U.S. Families with Children under Age 18 Headed by Mothers, Fathers and Both ...
The J2534 pass-through reprogramming system does not need a scan tool to reflash the PCM on most ... The J2534 pass-through reprogramming system does not need a scan tool to reflash the PCM on most ...
vomerolfactory system vomerolfactory system
Video: X chromosome inactivation in calico cats

For a complete list of videos, visit our video library