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Biraj Biraj
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5 years ago

Question 1.

Policymakers focus on marginal tax rate changes when making changes in the tax code because the marginal tax rate

• determines how tax revenue will change as national income increases.

• affects people's willingness to work, save, and invest.

• always equals the average tax rate which is harder to measure.

• determines how much revenue the government will have to spend.

Question 2.

The federal corporate income tax is

• regressive.

• proportional.

• progressive.

• unfair.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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sadeensadeen
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