This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the marginal tax rate is 37 percent for an income level of 50,000 and 39 percent for an ... (Read 93 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Fraternal twins share about 50 percent of their segregating genes. Fraternal twins share about 50 percent of their segregating genes.
The level in the coolant recovery system raises and lowers with engine temperature. The level in the coolant recovery system raises and lowers with engine temperature.
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Denney's model ON actual level of performance on exercised and unexercised abilities Denney's model ON actual level of performance on exercised and unexercised abilities
Outgroup role in relative rate test Outgroup role in relative rate test
Video: Adolescent Diabetes

For a complete list of videos, visit our video library