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Author Question: When considering changes in tax policy, economists usually focus on A) people's ability to pay ... (Read 75 times)

Sufayan.ah

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When considering changes in tax policy, economists usually focus on
 
  A) people's ability to pay taxes. B) the marginal tax rate.
  C) the average tax rate. D) people's willingness to pay taxes.

Question 2

Which of the following statements about the underground economy is true?
 
  A) Most transactions that occur in the underground economy are included in the calculation of GDP.
  B) Excluding underground economy production from measured GDP causes errors in GDP growth estimates in the long run.
  C) Income that is earned but not reported as income for tax purposes is included in the calculation of GDP.
  D) The underground economy in developing countries amounts to less than 10 of measured GDP.


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jessofishing

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Sufayan.ah

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Liddy

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

 

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