This topic contains a solution. Click here to go to the answer

Author Question: When the tax structure of a nation is progressive, as incomes increase, the tax rate: a. declines. ... (Read 26 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
When the tax structure of a nation is progressive, as incomes increase, the tax rate:
 a. declines.
  b. remains the same.
  c. increases.
  d. is proportional.

Question 2

If the economy is in recession, explain what advice you would give the President, if you were a monetarist economist. What if you were a Keynesian?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

perkiness

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

c

Answer to Question 2

If you were a monetarist, you would tell the President not to intervene in the economy because the economy will naturally move to full employment in the long run. If you were a Keynesian, you would advocate intervention in the form of lower taxes or more government spending, because Keynesians do not believe that the economy will achieve full employment by itself.




karlynnae

  • Member
  • Posts: 599
Reply 2 on: Jun 30, 2018
Gracias!


matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

For a complete list of videos, visit our video library