Author Question: Suppose the marginal tax rate is 37 percent for an income level of 50,000 and 39 percent for an ... (Read 114 times)

Zoey63294 · **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