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

Author Question: A tax structured such that higher-income individuals pay a larger percentage of their income in ... (Read 113 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Jul 9, 2018
A tax structured such that higher-income individuals pay a larger percentage of their income in taxes is called a __________.
 
  a. marginal tax
  b. progressive tax
  c. proportional tax
 d. regressive tax

Question 2

What role does the Council of Economic Advisers play in the national economy?
 
  a. It conducts research for Congress and helps to create the national budget.
  b. It counsels the Fed on all its policy decisions.
 c. It is appointed by the president to work within the Executive Office to provide advice on economic policy.
  d. It is the policymaking arm of the Federal Reserve Board of Governors.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 9, 2018
Answer to Question 1

b

Answer to Question 2

c


ec501234

  • Member
  • Posts: 573
Reply 2 on: Jul 9, 2018
Thanks for the timely response, appreciate it

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

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

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
The Head Start program was designed to increase the school readiness of low-income children. The Head Start program was designed to increase the school readiness of low-income children.
Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ... Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ...
Distribution of the Income of Americans Distribution of the Income of Americans
Percentage of youth age 15 to 19 years with at-risk levels of body composition & fitness Percentage of youth age 15 to 19 years with at-risk levels of body composition & fitness
individuals with xeroderma pigmentosum individuals with xeroderma pigmentosum
Video: Glucose anabolism reactions: Glycogenolysis and Gluconeogenesis

For a complete list of videos, visit our video library