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Author Question: Sharon pays a tax of 4,000 on her income of 40,000 . while Brad pays a tax of 1,000 on his income of ... (Read 100 times)

jwb375

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on: Jun 30, 2018
Sharon pays a tax of 4,000 on her income of 40,000 . while Brad pays a tax of 1,000 on his income of 20,000 . This tax is:
 a. regressive.
  b. progressive.
  c. proportional.
  d. a flat tax.

Question 2

Opening trade between two nations would:
 a. shift their production possibilities curves outward.
  b. shift their production possibilities curves inward.
  c. leave the production possibilities unchanged and increase their consumption possibilities.
  d. leave the production possibilities unchanged and decreased their consumption possibilities.


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mcinincha279

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

b

Answer to Question 2

c


jwb375

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

LVPMS

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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