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

Author Question: Suppose the marginal tax rate is 37 percent for an income level of 50,000 and 39 percent for an ... (Read 97 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
Suppose the marginal tax rate is 37 percent for an income level of 50,000 and 39 percent for an 80,000 income. This implies that the underlying tax structure is _____ in nature.
 a. fixed
  b. progressive
  c. regressive
  d. lump-sum
  e. proportional

Question 2

Which of the following would shift a supply curve to the right?
 a. Taxes
 b. Import restrictions
  c. Import duties
 d. Subsidies


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Excellent

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

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?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Nuclear division at the DNA level Nuclear division at the DNA level
Single-gene inheritance tracked at the DNA level Single-gene inheritance tracked at the DNA level
This illustration shows the decibel level in various locations and associated with different ... This illustration shows the decibel level in various locations and associated with different ...
Influence of substrate concentration on the rate of an enzyme-catalyzed reaction. Influence of substrate concentration on the rate of an enzyme-catalyzed reaction.
Ice Age Sea Level Ice Age Sea Level
Outgroup role in relative rate test Outgroup role in relative rate test
Video: Enzyme structure - Properties of enzymes

For a complete list of videos, visit our video library