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Author Question: The record of all international financial transactions in which a nation has engaged over a year is ... (Read 110 times)

rayancarla1

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on: Jun 30, 2018
The record of all international financial transactions in which a nation has engaged over a year is known as the:
 a. current account.
 b. capital account.
 c. balance of payments.
 d. the unilateral transfers balance.

Question 2

If Mike earns 80,000 this year and pays 16,000 in taxes and David earns 50,000 this year and pays 11,000 in taxes, this tax system would appear to be
 a. progressive.
 b. proportional.
 c. regressive.
 d. none of the above


alexanderhamilton

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


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