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Author Question: If a person is taxed 100 on an income of 1,000 . taxed 220 on an income of 2,000 . and taxed 390 on ... (Read 217 times)

CORALGRILL2014

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on: Jun 30, 2018
If a person is taxed 100 on an income of 1,000 . taxed 220 on an income of 2,000 . and taxed 390 on an income of 3,000 . this person is paying a(n):
 a. progressive tax.
  b. poll tax.
  c. regressive tax.
  d. excise tax.
  e. proportional tax.

Question 2

The theory of comparative advantage suggests that a(n):
 a. industrialized country should not import.
  b. country that is not competitive should import everything.
  c. country specialize in producing goods or services for which it has a lower opportunity cost.
  d. none of these.


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mammy1697

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


CORALGRILL2014

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Reply 2 on: Jun 30, 2018
:D TYSM

tandmlomax84

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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