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

Author Question: When a nation's real per capita Gross Domestic Product (GDP) increases, which of the following is ... (Read 76 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
When a nation's real per capita Gross Domestic Product (GDP) increases, which of the following is TRUE?
 
  A) Every individual in that nation shares in the economic gain.
  B) A nation must channel most of the economic gains to its poorest citizens.
  C) Low income people are guaranteed to lose; they never share in their nation's economic gains.
  D) We don't know who has most benefited from economic growth unless we look at the distribution of income.

Question 2

The distributions of tax burdens among various groups in society is known as
 
  A) a proportional tax.
  B) a progressive tax.
  C) a regressive tax.
  D) tax incidence.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

at

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


abarnes

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Gracias!

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Exercise increases the heart rate. Exercise increases the heart rate.
The averaging of an auditory evoked potential. Averaging increases the signal-to-noise ratio. The averaging of an auditory evoked potential. Averaging increases the signal-to-noise ratio.
Per capita annual alcohol consumption (2005) Per capita annual alcohol consumption (2005)
Product safety Product safety
GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009 GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering
Video: Decubitus Ulcer

For a complete list of videos, visit our video library