This topic contains a solution. Click here to go to the answer

Author Question: The ability to pay principle suggests that: a. traditional exemptions should be removed since they ... (Read 58 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
The ability to pay principle suggests that:
 a. traditional exemptions should be removed since they are more frequently used by people with ability to pay more taxes.
  b. people with different levels of income should be treated in the same manner.
 c. individuals receiving the benefits should be those who pay for them.
 d. those with the greatest ability to pay taxes should pay more than those with the least ability to pay taxes.

Question 2

One of the advantages of floating exchange rates is that:
 a. consumers always know how much imported goods cost.
  b. businesses always know, in advance, what future exchange rates will be.
  c. countries are free to pursue their own macroeconomic policies without maintaining exchange rates.
  d. countries cannot act independently and must thus coordinate their macroeconomic policies.
  e. the global interest rate tends to decline to the lowest possible level.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

d

Answer to Question 2

c




jhjkgdfhk

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
:D TYSM


coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

For a complete list of videos, visit our video library