
Essentials of Economics 8th Edition by Bradley Schiller
النسخة 8الرقم المعياري الدولي: 978-0073511399
Essentials of Economics 8th Edition by Bradley Schiller
النسخة 8الرقم المعياري الدولي: 978-0073511399 تمرين 12
Suppose that the following table describes the spending behavior of individuals at various income levels:
If a sales tax of 10 percent is levied on all purchases, calculate
( a ) The amount of sales tax paid at each income level.
( b ) The fraction of income paid in taxes at each income level.
Is the sales tax progressive or regressive in relation to income?
If a sales tax of 10 percent is levied on all purchases, calculate( a ) The amount of sales tax paid at each income level.
( b ) The fraction of income paid in taxes at each income level.
Is the sales tax progressive or regressive in relation to income?
التوضيح
(a) The table from the problem is presen...
Essentials of Economics 8th Edition by Bradley Schiller
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