Author Question: Bracket creep would less likely occur in which of the following? A) a progressive income tax ... (Read 74 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
Bracket creep would less likely occur in which of the following?
 
  A) a progressive income tax system
  B) a regressive income tax system
  C) a flat income tax system
  D) none of the above

Question 2

In the medium run, an increase in inflation causes
 
  A) an increase in the opportunity cost of holding money.
  B) a reduction in the opportunity cost of holding money.
  C) no change in the opportunity cost of holding money.
  D) individuals to switch from holding bonds to money and increase their real money balances.



zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library