Complete the following regarding proportional and progressive taxes.
1. A tax is proportional if the rate of tax
for any given income level. The tax is progressive if a higher rate of tax applies as the tax base.
2. Select either "Proportional", "Progressive" or "Neither" to distinguish the items below.
A. Social Security tax.
B. Neither Federal gift tax.
C. Federal excise tax on cigarettes.
D. Federal individual income tax.
E. Federal corporate income tax

According to the law of demand, there is an inverse relationship between price and quantity demanded. that is, the demand curve for goods and services slopes downward. why?

In allentown, pennsylvania, in the summer of 2014, the average price of a gallon of gasoline was $3.68long dasha 22-cent increase from the year before. many consumers were upset by the increase. one was quoted in a local newspaper as saying, "it's crazy. the government should step in." source: sam kennedy, "valley feeling pain at the pump," (allentown, pa) morning call, june 21, 2014. suppose the government had stepped in and imposed a price ceiling equal to old price of $3.46 per gallon. a. using the line drawing tool, draw and label the price ceiling. carefully follow the instructions above, and only draw the required object.

Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.