This topic contains a solution. Click here to go to the answer

Author Question: If a person is taxed 100 on an income of 1,000 . taxed 220 on an income of 2,000 . and taxed 390 on ... (Read 166 times)

CORALGRILL2014

  • Hero Member
  • *****
  • Posts: 525
If a person is taxed 100 on an income of 1,000 . taxed 220 on an income of 2,000 . and taxed 390 on an income of 3,000 . this person is paying a(n):
 a. progressive tax.
  b. poll tax.
  c. regressive tax.
  d. excise tax.
  e. proportional tax.

Question 2

The theory of comparative advantage suggests that a(n):
 a. industrialized country should not import.
  b. country that is not competitive should import everything.
  c. country specialize in producing goods or services for which it has a lower opportunity cost.
  d. none of these.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mammy1697

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

a

Answer to Question 2

c




CORALGRILL2014

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

For a complete list of videos, visit our video library