This topic contains a solution. Click here to go to the answer

Author Question: If Stephen earns 100,000 this year and pays 20,000 in taxes and Chris earns 50,000 this year and ... (Read 161 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
If Stephen earns 100,000 this year and pays 20,000 in taxes and Chris earns 50,000 this year and pays 5,000 in taxes, this tax system would appear to be
 a. progressive.
 b. proportional.
 c. regressive.
 d. none of the above

Question 2

Fixed exchange rates require the economic policies of countries linked by the exchange rate to be:
 a. completely independent.
  b. complementary to each other.
  c. determined by the World Bank.
  d. similar in nature.
  e. determined by the International Monetary Fund.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkoler

  • Sr. Member
  • ****
  • Posts: 358
Answer to Question 1

a

Answer to Question 2

d




clippers!

  • Member
  • Posts: 828
Reply 2 on: Jun 30, 2018
Gracias!


upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library