Author Question: A regressive tax structure is one: a. in which the tax rate increases as the base increases. b. in ... (Read 57 times)

OSWALD · **on:** Jun 30, 2018

A regressive tax structure is one:
a. in which the tax rate increases as the base increases.
b. in which the tax rate remains the same as the base increases.
c. that tends to discourage additional work as income rises.
d. that is famous and in use in the U.S.
e. in which the tax rate increases as the base increases.

Question 2

Price elasticity of demand measured over a range of prices and quantities along the demand curve is _____.
a. point elasticity
b. arc elasticity
c. income elasticity
d. cross elasticity
e. price elasticity