1. The percentage of an additional dollar that is paid in tax is called A. a...
1. The percentage of an additional dollar that is paid in tax is called
A. a regressive tax.
B. the average tax rate.
C. a proportional tax.
D. the marginal tax rate.
E. a progressive tax.
2. If the average tax rate remains constant as income? changes, the tax is
A. progressive.
B. regressive.
C. definitely fair.
D. proportional.
E. impossible to determine with the information given.
3. When each taxpayer pays the same average tax rate regardless of the? taxpayer's income, the tax is
A. an estate tax.
B. a regressive tax.
C. a progressive tax.
D. an efficient?price tax.
E. a proportional tax.
4. When a nation starts importing a good or? service, domestic employment in that industry
A. might? change, but more information about what else the country imports is needed to determine if employment? increases, decreases, or does not change.
B. might? change, but more information about what the country exports is needed to determine if employment? increases, decreases, or does not change.
C. stays the same.
D. decreases.
E. increases.
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1. The percentage of an additional dollar that is paid
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A. a...
Use the information in the table to answer the questions about the tax system in the...
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