« previous next »

Author Question: Assume the production of a good gives rise to external benefits. The government may increase ... (Read 73 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?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Internal and external hemmorrhoids. Internal and external hemmorrhoids.
Benefits of Regular Exercise Benefits of Regular Exercise
Relationship Between Physical Activity and Improved Health Benefits Relationship Between Physical Activity and Improved Health Benefits
To increase pressure using body weight, lean on your client. To increase pressure using body weight, lean on your client.
An infant begins to notice the external environment by the age of 4 to 8 months An infant begins to notice the external environment by the age of 4 to 8 months
Production of prototrophs as a result of genetic recombination Production of prototrophs as a result of genetic recombination
Video: Neuron Type Animation

For a complete list of videos, visit our video library