The payroll tax for income earners at top income levels in the United States is
A. proportional.
B. progressive.
C. regressive.
D. uniform.
Answer: C
You might also like to view...
Which of the following is/are costly?
a. injuries b. steps taken to prevent injuries c. steps taken to avoid all accidents d. all of these are correct e. a and b only are correct
If the annual interest rate is 5% (.05), the price of a one-year Treasury bill per $100 of face value would be:
A. $95.00 B. $96.10 C. $95.24 D. $97.50
The above table gives some of the costs of the Delicious Pie Company. The marginal cost of increasing pie output from 200 to 300 pies equals ________ per pie
A) $1.800 B) $1,000 C) $8 D) $6
Which of the following will NOT result from an unsterilized intervention in which the central bank sells foreign assets to purchase domestic currency?
A) Domestic interest rates will rise. B) The foreign-exchange value of the domestic currency will rise. C) The central bank will experience a decrease in international reserves. D) The domestic money supply will rise.