Author Question: Under a progressive tax system, the tax rate increases as income increases. a. True b. False ... (Read 174 times)

Melani1276 · **on:** Jun 30, 2018

Under a progressive tax system, the tax rate increases as income increases.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A tariff is a:
a. tax on an exported product.
b. limit on the number of goods that can be exported.
c. limit on the number of goods that can be imported.
d. tax on an imported product.
e. subsidy on an imported product.