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

Author Question: A tax structured such that higher-income individuals pay a larger percentage of their income in ... (Read 84 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Jul 9, 2018
A tax structured such that higher-income individuals pay a larger percentage of their income in taxes is called a __________.
 
  a. marginal tax
  b. progressive tax
  c. proportional tax
 d. regressive tax

Question 2

What role does the Council of Economic Advisers play in the national economy?
 
  a. It conducts research for Congress and helps to create the national budget.
  b. It counsels the Fed on all its policy decisions.
 c. It is appointed by the president to work within the Executive Office to provide advice on economic policy.
  d. It is the policymaking arm of the Federal Reserve Board of Governors.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 9, 2018
Answer to Question 1

b

Answer to Question 2

c


ec501234

  • Member
  • Posts: 573
Reply 2 on: Jul 9, 2018
Excellent

helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
What Percentage of U.S. Married Women Ages 40-44 Have Never Given Birth? What Percentage of U.S. Married Women Ages 40-44 Have Never Given Birth?
Higher-Level Thinking Skills Used in Massage Therapy Higher-Level Thinking Skills Used in Massage Therapy
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
How Health Interacts with Income How Health Interacts with Income
Variable and absorption costing, explaining operating-income differences. Variable and absorption costing, explaining operating-income differences.
Video: PET Scan Animation

For a complete list of videos, visit our video library