Author Question: Since the advent of flexible exchange rates, world trade has not only continued but also expanded. ... (Read 15 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
Since the advent of flexible exchange rates, world trade has not only continued but also expanded.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If Jim earns 300,000 this year and pays 75,000 in taxes and Sharon earns 80,000 this year and pays 20,000 in taxes, this tax system would appear to be
 a. progressive.
 b. proportional.
 c. regressive.
 d. none of the above



Mollythedog

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

True

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library