« previous next »

Author Question: The excess burden of an income tax is a function of the _____. a. average tax rate b. flat tax ... (Read 15 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
on: Jul 1, 2018
The excess burden of an income tax is a function of the _____.
 
  a. average tax rate
  b. flat tax rate
  c. marginal tax rate
   d. Laffer curve

Question 2

If a strategy is a best response, then
 
  A) it will never be played.
  B) it will never be part of a Nash equilibrium.
  C) A and B are correct.
  D) it could be part of a Nash equilibrium.


mochi09

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

How to convert units of any rate to another (Part 3) How to convert units of any rate to another (Part 3)
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Testing motor function of cranial nerve VII - Close both eyes Testing motor function of cranial nerve VII - Close both eyes
Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that
Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that
Video: Lipid catabolism - lipolysis and beta oxidation and oxidation of fatty acids

For a complete list of videos, visit our video library