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Author Question: Which of the following is true of a regressive taxation system? A. It applies exclusively to ... (Read 77 times)

shenderson6

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Which of the following is true of a regressive taxation system?
 
  A. It applies exclusively to people who earn two-thirds or more than the average wage.
  B. This form of taxation tends to benefit relatively wealthy people more than relatively
  poor people.
  C. Under this form of taxation a person's tax burden increases proportionately as his
  income increases.
  D. It is the most efficient method to ensure the redistribution of wealth from the richer
  sections of the society to the poorer sections.
  E. Under this form of taxation, the poorer sections of the society are exempted from
  paying the taxes even if they are employed.

Question 2

What effect does a small proportion of extremely wealthy citizens have on the mean and median income of a country?
 
  A. They raise the median income to a value closer to the mean.
  B. They raise the mean income to create a greater difference between the median and
  mean income.
  C. They reduce the mean income to a value that is closer to the median income.
  D. They reduce the median income to cause a greater difference between mean and
  median incomes.
  E. They equalize the mean income and the median income.



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TDubDCFL

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Answer to Question 1

B

Answer to Question 2

B




shenderson6

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Reply 2 on: Jul 8, 2018
YES! Correct, THANKS for helping me on my review


pratush dev

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Reply 3 on: Yesterday
Wow, this really help

 

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