This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An income tax to pay for national defense can approximate a _____ if there is a close relationship ... (Read 72 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
on: Jul 1, 2018
An income tax to pay for national defense can approximate a _____ if there is a close relationship between income and _____.
 
  a. user charge; wealth
  b. unit tax; wealth
  c. user charge; consumption
   d. sales tax; consumption

Question 2

Suppose the production function for a certain device is q = L + K. If neutral technical change has occurred, which of the following could be the new production function?
 
  A) q = L + 5K
  B) q = 5  (L + K)
  C) q = 5L + K
  D) All of the above are possible.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jliusyl

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

a

Answer to Question 2

B


DyllonKazuo

  • Member
  • Posts: 565
Reply 2 on: Jul 1, 2018
Wow, this really help

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

A grizzly bear in Yellowstone National Park. A grizzly bear in Yellowstone National Park.
Specimen in the Doñana National Park Specimen in the Doñana National Park
A Royal Bengal Tiger, the largest big cat in Bannerghatta National Park, India A Royal Bengal Tiger, the largest big cat in Bannerghatta National Park, India
Beetle Leg close up Beetle Leg close up
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
Video: Barriers - eye structures, digestive mucosa, respiratory mucosa & genitourinary mucosa

For a complete list of videos, visit our video library