Author Question: An income tax for which the average tax rate decreases with income is called a A) regressive ... (Read 89 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
An income tax for which the average tax rate decreases with income is called a
 
  A) regressive income tax.
  B) proportional income tax.
  C) flat-rate income tax.
  D) progressive income tax.

Question 2

________ is the benefit that a consumer of a good or service receives.
 
  A) Marginal private benefit
  B) Marginal external benefit
  C) Marginal social benefit
  D) Both answers A and B are correct.



milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library