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

Author Question: Suppose there is a linear relationship between national income and total tax revenue. If national ... (Read 54 times)

allywil32

  • Full Member
  • ***
  • Posts: 144
on: Oct 12, 2022
Suppose there is a linear relationship between national income and total tax revenue. If national income is $100 million, then $25 million is collected as tax revenue . If national income is $200 million, then $40 million is collected in tax revenue. What is the marginal response in tax revenue to a change in national income?
◦ -15
◦ 15
◦ 15 million
◦ 0.15 million
◦ 0.15
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by allywil32 on Oct 12, 2022

lhn821

  • Full Member
  • ***
  • Posts: 168
Reply #1 on: Oct 12, 2022
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


allywil32

  • Member
  • Posts: 144
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Tropical deciduous forest in Bandhavgarh National Park, India Tropical deciduous forest in Bandhavgarh National Park, India
Kootenay national park Kootenay national park
Video: Regulation of GFR: autoregulation via myogenic mechanism Myogenic mechanism

For a complete list of videos, visit our video library