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

Author Question: A tax for which the rate varies directly with the income of the person taxed is known as a(n): a. ... (Read 145 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
A tax for which the rate varies directly with the income of the person taxed is known as a(n):
 a. regressive tax.
  b. progressive tax.
  c. proportional tax.
  d. flat tax.
  e. excise tax.

Question 2

A country that has a lower opportunity cost of producing a good:
 a. has a comparative advantage.
  b. can produce the good using fewer resources than another country.
  c. requires fewer labor hours to produce the good.
  d. all of these.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

efwsefaw

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Gracias!

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Worldwide Variations in Population and Income Levels Worldwide Variations in Population and Income Levels
The answer to “What is the proper role of children in an economy?” varies by social class, ... The answer to “What is the proper role of children in an economy?” varies by social class, ...
Locate and apply thumb pressure directly into suspected TrPs in upper trapezius. Locate and apply thumb pressure directly into suspected TrPs in upper trapezius.
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Video: Cardiac Cycle (Part 3 of 4)

For a complete list of videos, visit our video library