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

Author Question: Jack trades his basketball for Jim's baseball glove. This simple trade is A) unproductive, ... (Read 32 times)

lracut11

  • Hero Member
  • *****
  • Posts: 536
on: Jun 29, 2018
Jack trades his basketball for Jim's baseball glove. This simple trade is
 
  A) unproductive, because nothing new has been produced.
  B) productive, because Jack and Jim expect to be better off by trading.
  C) costless, because no money was involved in the deal.
  D) a cost to the manufacturer because neither Jack nor Jim bought a new ball or glove.
  E) not good for the overall economy, for reasons A and D above.

Question 2

A ________ system is one in which households pay the same percentage of their incomes in taxes regardless of their income level.
 
  A) progressive
  B) regressive
  C) proportional
  D) complementary


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mochi09

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

B

Answer to Question 2

C


lracut11

  • Hero Member
  • *****
  • Posts: 536
Reply #2 on: Jun 29, 2018
Thank you


mochi09

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Ivory trade in East Africa during the 1880s and 1890s Ivory trade in East Africa during the 1880s and 1890s
American Foreign Trade, 1790–1812 American Foreign Trade, 1790–1812
Testing a Simple Hypothesis Testing a Simple Hypothesis
A typical 3 ton (6,000 lb) capacity hydraulic jack. A typical 3 ton (6,000 lb) capacity hydraulic jack.
A simple and easy-to-use tester can be made from a lighter plug and double banana plug that fits ... A simple and easy-to-use tester can be made from a lighter plug and double banana plug that fits ...
A baseball (1 kg) has an energy of 100 joules. If its uncertainty in position is 1 m, what is ... A baseball (1 kg) has an energy of 100 joules. If its uncertainty in position is 1 m, what is ...
Video: Carbohydrate Metabolism: Introduction to renal processes and filtrate formation and composition

For a complete list of videos, visit our video library