« previous next »

Author Question: Suppose George's income is 10,000 and he pays a tax of 1,000 . but Laura's income is 50,000 and she ... (Read 31 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
Suppose George's income is 10,000 and he pays a tax of 1,000 . but Laura's income is 50,000 and she pays a tax of 4,000 . Such a tax is:
 a. regressive.
  b. progressive.
  c. proportional.
  d. flat.

Question 2

The real interest rate can be negative.
 a. True
  b. False
  Indicate whether the statement is true or false


k2629

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Planet George Planet George
The “Big Four” world leaders meet at the Hotel Crillon in Paris, 1919. From left to right (front row The “Big Four” world leaders meet at the Hotel Crillon in Paris, 1919. From left to right (front row
Laura Knapp. Selfie. Laura Knapp. Selfie.
The Abecedarian study was designed to help very low-income African American children prepare for ... The Abecedarian study was designed to help very low-income African American children prepare for ...
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Video: Conduction of action potentials

For a complete list of videos, visit our video library