--%>

Define progressive in taxes as percentage of income

Line T0 depicts a tax system which is: (1) progressive. (2) recessive. (3) proportional. (4) biased. (5) regressive.

1577_Tax Rates and Progressivity.png

Hey friends please give your opinion for the problem of Economic that is given above.

   Related Questions in Microeconomics

  • Q : What is Budget line Budget line : This

    Budget line: This refers to all combinations of goods that a consumer can purchase with his whole income and price of two goods.

  • Q : Monopsony Power-janitorial service Can

    Can someone help me in finding out the right answer from the given options. The employer least probable to encompass monopsony power would be: (i) The janitorial service firm in Chicago. (ii) Police force in the Clemson, South Carolina. (iii) U.S. Navy. (iv) Sports sh

  • Q : Consistency of supply curve with

    The supply curve most consistent along with the inelastic supply of land into Antarctica is demonstrated in: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

    Q : Calculate of total variable in an area

    Total variable costs can be estimate as: (1) 0bcq1. (2) 0adq2. (3) 0Peq2. (4) aPed. (5) Cannot be measured within demonstrated figure.

    Q : Asymmetric Information Can someone help

    Can someone help me in finding out the right answer from the given options. The employer who amplifies the safety of a place or prospects for advancement to the job applicants makes inefficiencies (or arguable inequities) since of: (1) Signaling. (2) Credentialism. (3

  • Q : Surveyors problem Surveyors sometimes

    Surveyors sometimes cannot arrange a probabilistic sample and instead rely on a variety of non-probabilistic techniques, each which poses potential problems. Surveyors could: target a quota of a certain type of res

  • Q : Effects of higher real interest rates

    Higher real interest rates give in: (w) greater incentives to save and decreased incentives to invest. (x) increases in the amount of liquidity desired by financial investors. (y) increases in the optimal debt-equity ratio of a corporation. (z) decrea

  • Q : Facing a demand curve that perfectly

    When the world price for wheat is $10 per bushel; and Del, who one owns the biggest wheat farm into North Dakota, will: (w) face a demand curve that is perfectly price elastic at $10 per bushel. (x) realize $4 per bushel in long-run economic profits.

  • Q : Problem on Advocacy of maximizing

    Advocacy of maximizing happiness for huge number of people is a hallmark for: (a) Monarchy. (b) Laissez faire capitalism.  (c) Utilitarianism. (d) Communism. (e) Democratic socialism. Find out the right answer from the above options.

  • Q : Minimize losses of purely competitive

    The wholesale price per dozen roses below that such purely competitive rose farm would minimize losses through closing their operation is: (1) $3.00 per dozen roses. (2) $3.83 per dozen roses. (3) $4.00 per dozen roses. (4) $4.30 per