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

Author Question: Refer to the scenario above. If the local government has a progressive tax system, which family pays ... (Read 23 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
on: Jun 29, 2018
Refer to the scenario above. If the local government has a progressive tax system, which family pays the largest amount as tax?
 
  A) The first household
  B) The second household
  C) The third household
  D) The fourth household

Question 2

A mugger steals 25 from John Doe. What can an economist conclude?
 
  A) Nobody gained in the exchange.
  B) Both parties gained in the exchange.
  C) Only the mugger's wealth has increased.
  D) Nothing, because economists study strictly voluntary exchanges.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karmakat49

  • Sr. Member
  • ****
  • Posts: 369
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Mimi

  • Member
  • Posts: 542
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
The central nervous system The central nervous system
The Major Divisions of the Nervous System The Major Divisions of the Nervous System
Components of the nervous system. Components of the nervous system.
The Oceanic Ridge System The Oceanic Ridge System
Video: Role of transport in a cell

For a complete list of videos, visit our video library