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

Author Question: Even though mass transit systems such as buses are available in most cities in the United States, ... (Read 80 times)

rl

  • Hero Member
  • *****
  • Posts: 579
Even though mass transit systems such as buses are available in most cities in the United States, many residents decide to drive to work in their own vehicles because
 
  A) the opportunity cost of riding a bus is too high for them.
  B) there is no opportunity cost of them to drive.
  C) they are not aware of the opportunity cost of driving.
  D) they do not behave according to the economic way of thinking.

Question 2

Suppose you are making 50,000 per year and paying 5,000 per year in income taxes. You get a 10,000 per year raise and your income taxes are now 6,000 per year. Based on this information, the income tax system is
 
  A) proportional.
  B) progressive.
  C) regressive.
  D) bracketed.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

taylorsonier

  • Sr. Member
  • ****
  • Posts: 377
Answer to Question 1

A

Answer to Question 2

A





 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library