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

Author Question: Even though mass transit systems such as buses are available in most cities in the United States, ... (Read 89 times)

rl

  • Hero Member
  • *****
  • Posts: 579
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

taylorsonier

  • Sr. Member
  • ****
  • Posts: 377
Answer to Question 1

A

Answer to Question 2

A





 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

For a complete list of videos, visit our video library