Question and answer
Which of the following would be a progressive tax? A)People earning $35,000 pay 10 percent tax, while people earning $100,000 pay 30 percent tax. B)All people pay a 15 percent income tax. C)People pay 10 percent tax on property, whether it is worth $50,000, $500,000, or $50 million. D)Everyone pays a 5 percent sales tax.
People earning $35,000 pay 10 percent tax, [ while people earning $100,000 pay 30 percent tax would be a progressive tax ]
f
Expert answered|jher000|Points 7680|
Question|Rated bad
Asked 9/26/2012 11:38:41 AM
Updated 9/27/2014 8:06:05 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Edited by debnjerry [9/27/2014 8:06:04 PM], Confirmed by debnjerry [9/27/2014 8:06:05 PM]
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What is a low-rated, potentially higher-paying bond called? A)corporate bond B)junk bond C)municipal bond D)savings bond
Weegy: A lower rated, potentially higher paying bond is called B) JUNK BOND. (More)
Question
Expert Answered
Updated 9/19/2012 2:49:32 PM
1 Answer/Comment
D)savings bond
Added 9/19/2012 2:49:32 PM
This answer has been flagged as incorrect.
Rated good by ki, Flagged by andrewpallarca
Which of the following are financial assets traded in money markets? A)Treasury bills B)Treasure notes C)municipal bonds D)corporate bonds
Weegy: A)Treasury bills and C)municipal bonds: are financial assets traded in money markets. (More)
Question
Expert Answered
Asked 9/20/2012 12:22:06 PM
0 Answers/Comments
Which of the following is not one of the ways borrowers engage in the financial system? A)building roads, factories, and homes B)creating new markets C)developing new products D)securing financial assets
Weegy: Securing financial assets is not one of the ways borrowers engage in the financial system. (More)
Question
Expert Answered
Updated 1/13/2020 10:30:10 AM
0 Answers/Comments
Suppose an economy’s entire output is cars. In Year 1, all manufacturers produce cars at $15,000 each; the real GDP is $300,000. In Year 2, 20 cars are produced at $16,000 each. What is the real GDP in Year 2? A)$280,000 B)$20,000 C)$300,000 D)$320,000
Weegy: B)$20,000 (More)
Question
Expert Answered
Updated 5/15/2023 7:57:06 AM
1 Answer/Comment
Formula for the Real GDP:
RGDP = Quantity in the current year x Price of the output in the base year
The base year should be the 1st year:
RGDP 1 = $300,000, P 1 = $15,000
Q 1st = $300,000 : $15,000 = 20 cars
In the 2nd year we also have: Q 2nd = 20,produced at $16,000 each.
The Nominal GDP = 20 x $16,000 = $320,000 ( market value )
But the Real GDP = 20 x $15,000 = $300,000.
Answer: The real GDP in the year 2 is $300,000.
Added 5/15/2023 7:57:06 AM
This answer has been confirmed as correct and helpful.
Who are the “working poor”? A)those who have jobs but do not earn enough B)those who suffer from chronic health problems C)those who cannot work because they have small children D)those who cannot work because they are disabled 2. Which of the following might cause the inflation rate to spike up sharply? A)Prices on world oil markets rise steeply due to war in the Middle East. B)Plentiful rainfall and moderate temperatures result in good harvests of wheat and soybeans. C)The items ...
Weegy: Please ask one question at a time. (More)
Question
Expert Answered
Updated 11/22/2021 12:33:48 PM
10 Answers/Comments
5) .All of the following are causes of structural unemployment except - falling of the stock market.

Added 11/22/2021 12:28:35 PM
6) A worker receives a raise, which increases costs for the employer. - statements refers to the wage-price spiral process

Added 11/22/2021 12:30:20 PM
7) So-called discouraged workers are not counted in the unemployment rate.

Added 11/22/2021 12:30:52 PM
8) To determine the unemployment rate, the Bureau of Labor Statistics polls a sample population of 80,000 families

Added 11/22/2021 12:32:09 PM
9) an area of high unemployment where the government encourages companies to locate by providing tax breaks - is an enterprise zone

Added 11/22/2021 12:33:48 PM
39,642,279
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
During President Theodore Roosevelt’s administration, what was the ...
Weegy: During President Theodore Roosevelt s administration, Communication was the central purpose of the bully ...
12/5/2024 10:57:49 PM| 6 Answers
A shoemaker bought 30 pairs of heels. How many individual heels did ...
Weegy: A shoemaker bought 30 pairs of heels. The shoemaker bought 60 individual heels. 30 * 2 = 60. User: What's the ...
12/5/2024 9:43:50 PM| 5 Answers
What's the area of the above figure, which has sides of length 6 and ...
Weegy: 2 + 2 = 4 User: Which inverse operation would be used to verify the following equation? Weegy: 9 x 6 = 54 ...
12/5/2024 1:32:10 AM| 4 Answers
What's the product of 713 and 82?
Weegy: The product of 713 and 82 is 58,466. Solution: 713 * 82 = 58,466. User: What's the correct way to write three ...
12/5/2024 1:36:53 AM| 4 Answers
Which of the following is the proper operation of 3 7?
Weegy: The following are procedures for the proper use of clothing: Prevent overheating by removing layers before ...
12/5/2024 1:48:28 AM| 4 Answers
Adjectives are generally changed in form to show degrees of ...
Weegy: A comparative adjective is an adjective used to compare two people or things. User: Which tenses need the ...
12/2/2024 6:56:36 PM| 3 Answers
Which of the following is true about the Mayflower Compact?
Weegy: The Mayflower Compact was the first governing document of Plymouth Colony. User: Which statement was part of ...
12/4/2024 6:20:57 PM| 3 Answers
Which statement is true of The Federalist Papers?
Weegy: They were written to gain support for the Constitution- is true of The Federalist Papers. User: The _______ ...
12/5/2024 1:01:27 AM| 3 Answers
Apply the commutative property to 13 × 7 × 21 to rearrange the terms ...
Weegy: 21 ? 7 13 is the commutative property to 13 ? 7 ? 21. User: Subtraction is the opposite operation of which ...
12/5/2024 10:12:24 PM| 3 Answers
S
L
P
Points 95 [Total 4621] Ratings 0 Comments 95 Invitations 0 Offline
S
L
P
1
P
Points 33 [Total 898] Ratings 0 Comments 33 Invitations 0 Offline
S
Points 16 [Total 52] Ratings 1 Comments 6 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 10 Invitations 0 Offline
S
Points 8 [Total 20] Ratings 0 Comments 8 Invitations 0 Offline
S
Points 5 [Total 84] Ratings 0 Comments 5 Invitations 0 Offline
S
L
P
P
Points 3 [Total 557] Ratings 0 Comments 3 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.