Author Question: Fixed exchange rates give countries too much freedom over their monetary policies, thereby ... (Read 121 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
Fixed exchange rates give countries too much freedom over their monetary policies, thereby threatening higher rates of inflation.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A flat tax:
 a. is designed so that everybody would pay the same number of dollars in taxes.
 b. is designed in such a way that as a person's income rises, the tax rate falls.
 c. is designed so that everybody would be charged the same percentage of their income.
  d. is designed to take a smaller percentage of higher incomes as compared to lower incomes.



jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Answer to Question 1

False

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jlaineee

  • Sr. Member
  • ****
  • Posts: 380

 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

For a complete list of videos, visit our video library