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

Author Question: Which of the following statements correctly describes how taxes redistribute income across different ... (Read 116 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: May 24, 2019
Which of the following statements correctly describes how taxes redistribute income across different households in an economy?
◦ The richest 40 percent of households increase their share of income.
◦ The poorest 60 percent of households increase their share of income.
◦ Taxes have no effect on the distribution of income.
◦ The poorest 20 percent of households receive 20 percent of their income from the government.
◦ The richest 20 percent of households increase their share of income and the poorest 20 percent decrease their share of income.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by crobinson2013 on May 24, 2019

Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


crobinson2013

  • Member
  • Posts: 535
Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
How to convert verbal statements into algebraic equations (Part 2) How to convert verbal statements into algebraic equations (Part 2)
How to convert verbal statements into algebraic equations (Part 4) How to convert verbal statements into algebraic equations (Part 4)
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library