This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Arguments for RedistributionThe table shows the distribution of money income, the income tax rate, ... (Read 794 times)

booty5

  • Full Member
  • ***
  • Posts: 146
on: Nov 23, 2022
Arguments for Redistribution

The table shows the distribution of money income, the income tax rate, and the benefits the government provides to each quintile in Fairland.
HouseholdsIncome
(millions of dollars per year)		Income tax rateBenefits
(millions of dollars per year)
Lowest quintile4​011​
Second quintile14​10%8​
Third quintile20​18%1​
Fourth quintile23​28%0
Highest quintile35​39%0
After government taxes and redistribution, what is the percentage of total income for the second quintile? For the highest quintile?
Please round your final answer to two decimal places.
◦ 14.58%, 36.46%
◦ 25.20%, 14.92%
◦ 25.20%, 36.46%
◦ 14.58%, 14.92%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by booty5 on Nov 23, 2022

labrinker

  • Full Member
  • ***
  • Posts: 162
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


booty5

  • Member
  • Posts: 146
Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Changes in the abundance and egg-hatching success rate of prairie chickens. Changes in the abundance and egg-hatching success rate of prairie chickens.
Drugs and their effect table Drugs and their effect table
Situations Causing Changes in Respiratory Rate Situations Causing Changes in Respiratory Rate
a) Lunge with your legs open to the table. b) Avoid lunging with your legs close to table. a) Lunge with your legs open to the table. b) Avoid lunging with your legs close to table.
The four processes of pharmacokinetics: absorption, distribution, metabolism, and excretion. The four processes of pharmacokinetics: absorption, distribution, metabolism, and excretion.
The distribution of the number of hours that a random sample of people spend doing chores per ... The distribution of the number of hours that a random sample of people spend doing chores per ...
Video: Chemical Buffers - protein buffer, phosphate buffer system and bicarbonate buffer system

For a complete list of videos, visit our video library