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Author Question: A flat tax plan with a standard deduction of 25,000 in income and a tax rate of 20 would require an ... (Read 85 times)

big1devin

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on: Jun 30, 2018
A flat tax plan with a standard deduction of 25,000 in income and a tax rate of 20 would require an individual earning 100,000 to pay 15,000 in income taxes.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The Bretton Woods system required countries to actively buy and sell dollars to maintain fixed exchange rates when:
 a. a country experienced a severe bout of inflation.
  b. the free market equilibrium exchange rate differed from the fixed rate.
  c. a country experienced serious unemployment.
  d. the threat of recession began to spread from one country to another.
  e. worldwide trade began to deteriorate.


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Sammyo

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

True

Answer to Question 2

b


big1devin

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  • Posts: 583
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Laurenleakan

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

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