This topic contains a solution. Click here to go to the answer

Author Question: Dynamic tax analysis assumes that A) an increase in a tax rate may lead to a decrease in the tax ... (Read 66 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
Dynamic tax analysis assumes that
 
  A) an increase in a tax rate may lead to a decrease in the tax base.
  B) an increase in a tax rate will lead to an increase in the tax base.
  C) an increase in a tax rate will leave the tax base unchanged.
  D) the tax base will always remain unchanged.

Question 2

In an economic model, assumptions
 
  A) must be applicable to all real-world situations.
  B) must be eliminated before being used to make sure the model is realistic.
  C) are not important in determining the usefulness of the model.
  D) define the set of circumstances in which the model is most likely to be applicable in the real world.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

A

Answer to Question 2

D





 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

For a complete list of videos, visit our video library