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Author Question: State and local sales taxes are typically progressive. a. True b. False Indicate whether the ... (Read 35 times)

LaDunn

  • Hero Member
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  • Posts: 526
on: Jun 30, 2018
State and local sales taxes are typically progressive.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

How is a tariff different from a quota?
 a. A tariff sets a limit on the quantity of a good that may be imported, while a quota is a tax on an import.
  b. A tariff and a quota are different words for the same thing.
  c. A tariff is a tax on an import, while a quota set a limit on the quantity of a good that may be imported.
  d. None of the above are correct.


todom5090

  • Sr. Member
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  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


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