« previous next »

Author Question: Assume the production of a good gives rise to external benefits. The government may increase ... (Read 67 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
Assume the production of a good gives rise to external benefits. The government may increase efficiency by
 
  A) subsidizing consumption of the good.
  B) requiring all producers of the good to be licensed.
  C) taxing production of the good.
  D) imposing taxes on the good.

Question 2

If a tax system is progressive, then
 
  A) the average and the marginal tax rates are equal.
  B) the marginal tax rate is greater than the average tax rate as income rises.
  C) the marginal tax rate is lower than the average tax rate as income rises.
  D) the average tax rate is constant, but the dollar amount paid in taxes increases as income increases.


joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
The medical assisting profession offers many settings in which to pursue your career. Good communica The medical assisting profession offers many settings in which to pursue your career. Good communica
Benefits of Regular Exercise Benefits of Regular Exercise
Expected Benefits for ICD-10-CM Expected Benefits for ICD-10-CM
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Compression used to increase circulation when the athlete is clothed. Compression used to increase circulation when the athlete is clothed.
Video: Types of Transport - Uniport, Antiport and Symport (Glucose and Na+K+ Transporters)

For a complete list of videos, visit our video library