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Author Question: Even though mass transit systems such as buses are available in most cities in the United States, ... (Read 27 times)

rl

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on: Jun 29, 2018
Even though mass transit systems such as buses are available in most cities in the United States, many residents decide to drive to work in their own vehicles because
 
  A) the opportunity cost of riding a bus is too high for them.
  B) there is no opportunity cost of them to drive.
  C) they are not aware of the opportunity cost of driving.
  D) they do not behave according to the economic way of thinking.

Question 2

Suppose you are making 50,000 per year and paying 5,000 per year in income taxes. You get a 10,000 per year raise and your income taxes are now 6,000 per year. Based on this information, the income tax system is
 
  A) proportional.
  B) progressive.
  C) regressive.
  D) bracketed.


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taylorsonier

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


rl

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Reply #2 on: Jun 29, 2018
Thank you


taylorsonier

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Reply #3 on: Jun 29, 2018
No problemo


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