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Izzydhindsa Izzydhindsa
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5 years ago

Question 1.

Since lower-income people spend a larger proportion of their incomes on groceries than do higher-income people, if grocery stores were required by law to charge a 10-cent fee for disposable bags, this fee could be considered a

• proportional tax.

• progressive tax.

• regressive tax.

• income tax.

Question 2.

In reference to the federal income tax system, a tax bracket is

• the estimated amount of federal income tax firms withhold from their employees' paychecks.

• the formula the federal government uses to determine the dollar amount of the personal exemption and the amounts taxpayers are allowed for deductions from their incomes.

• used to determine the average tax rate.

• the income range within which a tax rate applies.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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whoohoo8whoohoo8
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5 years ago
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Izzydhindsa Author
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5 years ago
Just got PERFECT on my quiz
macbookpro1
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Yesterday
Thanks for your help!!
dri
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2 hours ago
Smart ... Thanks!
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