Author Question: An income tax for which the average tax rate decreases with income is called a A) regressive ... (Read 90 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?

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?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

For a complete list of videos, visit our video library