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Author Question: When costs spill over to third parties, there is a(n) A) cost overrun. B) excessive competition. ... (Read 88 times)

crobinson2013

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on: Jun 29, 2018
When costs spill over to third parties, there is a(n)
 
  A) cost overrun.
  B) excessive competition.
  C) negative externality.
  D) government subsidy.

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 6,500 per year. Based on this information, the income tax system is
 
  A) proportional.
  B) progressive.
  C) regressive.
  D) bracketed.


IRincones

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

C

Answer to Question 2

B


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