Author Question: Taxes can have different effects on different income groups. Which type of tax takes a larger ... (Read 81 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
Taxes can have different effects on different income groups. Which type of tax takes a larger percentage of income from high-income groups than from low-income groups?
 
  (a) Progressive
  (b) Regressive
  (c) Proportional
  (d) Flat
  (e) Protective

Question 2

Inflation burdens those individuals living on fixed incomes.
 
  Indicate whether the statement is true or false



diesoon

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

(a)

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Thyroid conditions may make getting pregnant impossible.

For a complete list of videos, visit our video library