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

Author Question: Which of the following statements correctly describes how taxes redistribute income across different ... (Read 140 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: May 24, 2019
Which of the following statements correctly describes how taxes redistribute income across different households in an economy?
◦ The richest 40 percent of households increase their share of income.
◦ The poorest 60 percent of households increase their share of income.
◦ Taxes have no effect on the distribution of income.
◦ The poorest 20 percent of households receive 20 percent of their income from the government.
◦ The richest 20 percent of households increase their share of income and the poorest 20 percent decrease their share of income.
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 crobinson2013 on May 24, 2019

Ddddd

  • Sr. Member
  • ****
  • Posts: 334
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 39% of students answer this correctly


crobinson2013

  • Member
  • Posts: 535
Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

The Head Start program was designed to increase the school readiness of low-income children. The Head Start program was designed to increase the school readiness of low-income children.
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Relationship between Income and Happiness in the United States Relationship between Income and Happiness in the United States
Income per Capita versus Inequality Income per Capita versus Inequality
Determination of Income Inequality Determination of Income Inequality
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Knee Animation

For a complete list of videos, visit our video library