Author Question: Fixed exchange rates give countries too much freedom over their monetary policies, thereby ... (Read 136 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
Fixed exchange rates give countries too much freedom over their monetary policies, thereby threatening higher rates of inflation.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A flat tax:
 a. is designed so that everybody would pay the same number of dollars in taxes.
 b. is designed in such a way that as a person's income rises, the tax rate falls.
 c. is designed so that everybody would be charged the same percentage of their income.
  d. is designed to take a smaller percentage of higher incomes as compared to lower incomes.



jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Answer to Question 1

False

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jlaineee

  • Sr. Member
  • ****
  • Posts: 380

 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

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.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

For a complete list of videos, visit our video library