This topic contains a solution. Click here to go to the answer

Author Question: A tax for which the rate varies directly with the income of the person taxed is known as a(n): a. ... (Read 139 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
A tax for which the rate varies directly with the income of the person taxed is known as a(n):
 a. regressive tax.
  b. progressive tax.
  c. proportional tax.
  d. flat tax.
  e. excise tax.

Question 2

A country that has a lower opportunity cost of producing a good:
 a. has a comparative advantage.
  b. can produce the good using fewer resources than another country.
  c. requires fewer labor hours to produce the good.
  d. all of these.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

efwsefaw

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

b

Answer to Question 2

a




imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Excellent


kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

For a complete list of videos, visit our video library