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Author Question: A tax system in which the tax rate on everyone's first 10,000 of income is 10 percent, the tax rate ... (Read 83 times)

jake

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on: Jun 30, 2018
A tax system in which the tax rate on everyone's first 10,000 of income is 10 percent, the tax rate on everyone's second 10,000 of income is 15 percent, and the tax rate on all income over 20,000 is 25 percent is a(n):
 a. proportional tax.
  b. equitable tax.
  c. head tax.
  d. unit tax.
  e. progressive tax.

Question 2

Following the principle of comparative advantage, specialization:
 a. permits greater levels of total production than would be attained without it.
  b. increases the dependency of countries on trade.
  c. both of the above.
  d. neither of the above.


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JaynaD87

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

c


jake

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Reply #2 on: Jun 30, 2018
Thank you


JaynaD87

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Reply #3 on: Jun 30, 2018
No problemo


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