This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An income tax in which the average tax rate increases with income is called a A) regressive ... (Read 155 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jun 29, 2018
An income tax in which the average tax rate increases with income is called a
 
  A) regressive income tax.
  B) proportional income tax.
  C) flat-rate income tax.
  D) progressive income tax.

Question 2

Because consumers value product variety
 
  A) society must be more efficient with monopolistic competition than with perfect competition.
  B) the inefficiency and deadweight loss created by monopolistic competition is offset.
  C) in the long run, monopolistically competitive firms earn an economic profit.
  D) monopolistically competitive industries are efficient.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


sabina

  • Member
  • Posts: 563
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus
Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading. Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading.
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
How Health Interacts with Income How Health Interacts with Income
A random sample of 87 airline pilots recruited by an airline service had an average yearly ... A random sample of 87 airline pilots recruited by an airline service had an average yearly ...
The number of phenotypic classes in the F2 generation increases as the number of genes controlling t The number of phenotypic classes in the F2 generation increases as the number of genes controlling t
Video: ribosome

For a complete list of videos, visit our video library