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Author Question: Suppose the marginal tax rate is 37 percent for an income level of 50,000 and 39 percent for an ... (Read 104 times)

Zoey63294

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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



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manuelcastillo

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Answer to Question 1

b

Answer to Question 2

d




Zoey63294

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


amynguyen1221

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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