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

Author Question: Assume a negative income tax is set up with a 20 percent tax rate on market income and a guaranteed ... (Read 260 times)

schs14

  • Hero Member
  • *****
  • Posts: 569
on: May 24, 2019
Assume a negative income tax is set up with a 20 percent tax rate on market income and a guaranteed minimum income of $9,000.
a.   What is the amount of taxes a household with $23,000 of market income pays or the amount of taxes this household receives?
b.   What is the amount of taxes a household with $65,000 of market income pays or the amount of taxes this household receives?
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 schs14 on May 24, 2019

rachel

  • Sr. Member
  • ****
  • Posts: 323
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 25% of students answer this correctly


schs14

  • Member
  • Posts: 569
Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Negative feedback control of the female reproductive hormones Negative feedback control of the female reproductive hormones
Maximal Heart Rate Over Time Maximal Heart Rate Over Time
How to solve rate problems leading to fractional equations (Question 1) How to solve rate problems leading to fractional equations (Question 1)
Percent of Selected Foods and Beverages Consumed in the United States Percent of Selected Foods and Beverages Consumed in the United States
Intergenerational Income Mobility in the United States Intergenerational Income Mobility in the United States
At what pH is the amino acid glycine with a Ka of 2.51 × 10-10 sixty-six (66%) percent ... At what pH is the amino acid glycine with a Ka of 2.51 × 10-10 sixty-six (66%) percent ...
Video: HIV replication/ Replication cycle of HIV

For a complete list of videos, visit our video library