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

Author Question: Suppose a government imposes the following tax rates on its citizens. IncomeTax Ratebelow $20,000 ... (Read 63 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: May 24, 2019
Suppose a government imposes the following tax rates on its citizens.

IncomeTax Rate
below $20,000 5%
$20,001 - $40,0003%
above $40,000 2%
The government has imposed a ________ tax system because the tax rate ________ with the level of income.
◦ regressive; decreases
◦ regressive; increases
◦ progressive; decreases
◦ progressive; increases
◦ proportional; falls proportionally
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kodithompson on May 24, 2019

Pswine

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


kodithompson

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: May 24, 2019
TY


Pswine

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: May 24, 2019
You're welcome


« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

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

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Population predictions for 2000–2050, using three different total fertility rates ( Population predictions for 2000–2050, using three different total fertility rates (
Estimating cicada population size and predation rates by birds. Estimating cicada population size and predation rates by birds.
The Impact of Reduction Campaigns on Sids Rates The Impact of Reduction Campaigns on Sids Rates
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Saving and Investment Rates of Industrialized Countries, 1960–1974 Saving and Investment Rates of Industrialized Countries, 1960–1974
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
Video: Phlebotomy

For a complete list of videos, visit our video library