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Author Question: If Stephen earns 100,000 this year and pays 20,000 in taxes and Chris earns 50,000 this year and ... (Read 96 times)

clippers!

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on: Jun 30, 2018
If Stephen earns 100,000 this year and pays 20,000 in taxes and Chris earns 50,000 this year and pays 5,000 in taxes, this tax system would appear to be
 a. progressive.
 b. proportional.
 c. regressive.
 d. none of the above

Question 2

Fixed exchange rates require the economic policies of countries linked by the exchange rate to be:
 a. completely independent.
  b. complementary to each other.
  c. determined by the World Bank.
  d. similar in nature.
  e. determined by the International Monetary Fund.


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lkoler

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


clippers!

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

LVPMS

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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