Author Question: In a market system, the what, how and for whom questions in economics are determined by A) those ... (Read 43 times)

Metfan725 · **on:** Jun 29, 2018

In a market system, the what, how and for whom questions in economics are determined by

A) those who are not in the market.
B) buyers and sellers together.
C) the central authority.
D) no one.

Question 2

The marginal income tax rate is equal to

A) the total tax payment divided by total income.
B) the change in the tax payment divided by the change in income.
C) the average tax payment divided by the total tax payment.
D) the percent of total income that goes to taxes.