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Author Question: Suppose the marginal tax rate is 37 percent for an income level of 50,000 and 39 percent for an ... (Read 54 times)

Zoey63294

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on: Jun 30, 2018
Suppose the marginal tax rate is 37 percent for an income level of 50,000 and 39 percent for an 80,000 income. This implies that the underlying tax structure is _____ in nature.
 a. fixed
  b. progressive
  c. regressive
  d. lump-sum
  e. proportional

Question 2

Which of the following would shift a supply curve to the right?
 a. Taxes
 b. Import restrictions
  c. Import duties
 d. Subsidies


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manuelcastillo

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

b

Answer to Question 2

d


Zoey63294

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Reply 2 on: Jun 30, 2018
Excellent

rleezy04

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

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