A progressive tax system is one in which the tax rate actually ...

[jon_i]

A progressive tax system is one in which the tax rate actually increases as income rises.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is the correct way to describe equilibrium in a market?
 a. At equilibrium, demand equals supply.
 b. At equilibrium, quantity demanded equals quantity supplied.
  c. At equilibrium, market forces no longer apply.
 d. At equilibrium, the fairest price for output is achieved.

[scottmt]

Answer to Question 1

True

Answer to Question 2

b

[jon_i]

Excellent

[ebonylittles]

Gracias!