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Home Q & A Board Other Fields Homework Help Business Economics
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Tneary Tneary
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5 years ago

Question 1.

If you pay a constant percentage of your taxable income in taxes, the tax is

• regressive.

• proportional.

• progressive.

• random.

Question 2.

If you pay $2,000 in taxes on an income of $20,000, and a tax of $2,700 on an income of $30,000, then over this range of income the tax is

• regressive.

• proportional.

• progressive.

• There is insufficient information to answer the question.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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Kailz1218Kailz1218
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5 years ago
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Tneary Author
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#2
5 years ago
Thanks for your help!
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