The sales tax is a regressive tax because: .
1. the percentage of income paid as taxes falls a...
The sales tax is a regressive tax because: .
1. the percentage of income paid as taxes falls as income rises
2. administrative costs associated with the collection of the tax are relatively high
3. percentage of income paid as taxes is constant as income rises
4. tax tends to reduce the total volume of consumption expenditures.
Answers: 2
Business, 22.06.2019 07:30
Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.
Answers: 1
Business, 22.06.2019 22:30
When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?
Answers: 2
Business, 23.06.2019 00:30
It's possible for a debt card transaction to bounce true or false
Answers: 1
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