« previous next »

Author Question: Suppose George's income is 10,000 and he pays a tax of 1,000 . but Laura's income is 50,000 and she ... (Read 61 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
Suppose George's income is 10,000 and he pays a tax of 1,000 . but Laura's income is 50,000 and she pays a tax of 4,000 . Such a tax is:
 a. regressive.
  b. progressive.
  c. proportional.
  d. flat.

Question 2

The real interest rate can be negative.
 a. True
  b. False
  Indicate whether the statement is true or false


k2629

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

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?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

An 1808 impression featuring the Tasmanian devil and a Thylacine by George Harris An 1808 impression featuring the Tasmanian devil and a Thylacine by George Harris
An 1827 portrait by George Catlin of Eeh-Nis-Kin (Crystal Stone), a Blackfoot woman. An 1827 portrait by George Catlin of Eeh-Nis-Kin (Crystal Stone), a Blackfoot woman.
Beta Ghiorghis (House of St. George), Lalibela, Ethiopia. Beta Ghiorghis (House of St. George), Lalibela, Ethiopia.
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
Solow Model with Saving Dependent on Income Level Solow Model with Saving Dependent on Income Level
Video: Hormonal regulation of pregnancy - weeks 2 through 38

For a complete list of videos, visit our video library