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Author Question: A tax structured such that higher-income individuals pay a larger percentage of their income in ... (Read 103 times)

ec501234

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on: Jul 9, 2018
A tax structured such that higher-income individuals pay a larger percentage of their income in taxes is called a __________.
 
  a. marginal tax
  b. progressive tax
  c. proportional tax
 d. regressive tax

Question 2

What role does the Council of Economic Advisers play in the national economy?
 
  a. It conducts research for Congress and helps to create the national budget.
  b. It counsels the Fed on all its policy decisions.
 c. It is appointed by the president to work within the Executive Office to provide advice on economic policy.
  d. It is the policymaking arm of the Federal Reserve Board of Governors.


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heinisk01

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Reply #1 on: Jul 9, 2018
Answer to Question 1

b

Answer to Question 2

c


ec501234

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Reply 2 on: Jul 9, 2018
YES! Correct, THANKS for helping me on my review

hollysheppard095

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Reply 3 on: Yesterday
Excellent

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