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Author Question: Which of the following tax systems would help reduce income inequality the most? A) a consumption ... (Read 58 times)

bobbie

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Which of the following tax systems would help reduce income inequality the most?
 
  A) a consumption tax system B) a proportional tax system
  C) a progressive tax system D) a regressive tax system

Question 2

Your roommate is having trouble grasping how monetary policy works. Which of the following explanations could you use to correctly describe the mechanism by which the Fed can affect the economy through monetary policy? Increasing the money supply
 
  A) lowers the interest rate, raises the value of the dollar, lowers the prices of exports, and raises net exports.
  B) raises the interest rate and consumers decrease spending on durable goods.
  C) causes people to spend more because they know prices will rise in the future.
  D) lowers the interest rate, and firms increase investment spending.


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fraziera112

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bobbie

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


coreycathey

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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