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Author Question: An income tax for which the average tax rate decreases with income is called a A) regressive ... (Read 112 times)

moongchi

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on: Jun 29, 2018
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

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

A

Answer to Question 2

A


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moongchi

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Reply #2 on: Jun 29, 2018
Thank you :)


milbourne11

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Reply #3 on: Jun 29, 2018
Happy to help you


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