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Author Question: A progressive tax system is one in which the tax rate actually increases as income rises. a. True ... (Read 114 times)

jon_i

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on: Jun 30, 2018
A progressive tax system is one in which the tax rate actually increases as income rises.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is the correct way to describe equilibrium in a market?
 a. At equilibrium, demand equals supply.
 b. At equilibrium, quantity demanded equals quantity supplied.
  c. At equilibrium, market forces no longer apply.
 d. At equilibrium, the fairest price for output is achieved.


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scottmt

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

True

Answer to Question 2

b


jon_i

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Reply 2 on: Jun 30, 2018
:D TYSM

ghepp

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Reply 3 on: Yesterday
Excellent

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