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

Author Question: Suppose taxes are levied in the following way: All individuals pay a tax equal to $2000 no matter ... (Read 98 times)

desireelg_7

  • Full Member
  • ***
  • Posts: 146
on: Oct 12, 2022

Question 1

A tax that takes a higher percentage of income as income rises is called a(n)
◦ value-added tax.
◦ excise tax.
◦ proportional tax.
◦ regressive tax.
◦ progressive tax.

Question 2

Suppose taxes are levied in the following way: All individuals pay a tax equal to $2000 no matter what income they earn; in addition, all individuals pay 20% of all their earned income in taxes. This income-tax system is
◦ progressive.
◦ an accurate description of the Canadian system.
◦ indexed.
◦ regressive.
◦ proportional.
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 desireelg_7 on Oct 12, 2022

lola.jashay

  • Full Member
  • ***
  • Posts: 163
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


desireelg_7

  • Member
  • Posts: 146
Reply 2 on: Oct 12, 2022
Wow, this really help

marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

South polar cap in 2000 South polar cap in 2000
The gaping hole in the destroyer USS Cole, in the port of Aden, Yemen, was the work of suicide bombe The gaping hole in the destroyer USS Cole, in the port of Aden, Yemen, was the work of suicide bombe
Patients of all socioeconomic backgrounds should be given equal care. Patients of all socioeconomic backgrounds should be given equal care.
Areas of sclerosis (see arrows) in the white matter of a patient with MS. Areas of sclerosis (see arrows) in the white matter of a patient with MS.
Interstellar Matter Interstellar Matter
A 5.0-m radius playground merry-go-round with a moment of inertia of 2000 kg ∙ m2 is rotating ... A 5.0-m radius playground merry-go-round with a moment of inertia of 2000 kg ∙ m2 is rotating ...
Video: Energy sources - types

For a complete list of videos, visit our video library