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Other Fields Homework Help Economics Topic started by: AndrewKraus on May 23, 2017



Title: Which of the following is true?
Post by: AndrewKraus on May 23, 2017
Which of the following is true?
A) A lump-sum tax on a good reduces inequality.
B) A lump-sum tax requires the rich and the poor to pay the same amount of taxes.
C) A lump-sum tax requires the poor to pay a smaller percentage of their income as tax.
D) A lump-sum tax leads to a huge deadweight loss.


Title: Re: Which of the following is true?
Post by: lostein on May 23, 2017
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Title: Re: Which of the following is true?
Post by: AndrewKraus on Jun 24, 2017
Needed this for my economics assignment, thanks