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What are the differences between proportional, progressive and regressive tax systems as they relate to an economy

Posted Aug 26 2019

Answered on Aug 26 2019
What are the differences between proportional, progressiveand regressive tax systems as they relate to an economy's built-instability 1. A progressive tax system would have the muststabilizing effect of the three tax systems and the regressive tax system would have the least built-in stability. 2. Progressive tax increases at an increasing rate. 3.It has more dampening effects on rising incomes and expenditures than a proportional orregressive tax. 4. The rate would rise more slowly than the rate of GDP increase with the least effect of the three types. 5. In an economic slowdown, a progressive tax falls faster because it not only decreases with income, but also decreases proportionately as income falls. 6. on declining incomes”the tax bite is less, whichleaves more of the lower income for spending. 7.The reverse would be true of a regressive tax thatfalls, but more slowly than the progressive tax, as incomesdecline

Domestic currency appreciation will

A. Hurt domestic firms that export and help domestic firms that import

B. Hurt domestic firms that import

C. Help domestic firms that export

D. Help domestic firms that export and hurt domestic firms that import

Answered
18 Apr 2018

Please use your own words to write a detailed report 1-2 pages about the following subject:

Why did ABC Fail at the bank of china?

Please describe as much as you can.

Thank you.

Answered
27 May 2019

Business Behavior and public policy

1. Define Market power, and then discuss the rationale for government regulation of firms with market power.


Rent Seeking

2. Explain how rent seeking can lead to a drop in production of goods and services. What role might the underground economy play in lessening the drop in productive activities?


Offical Poverty Level

3. Although the poverty rate among single mothers has decreased since 1960, the number of poor children from such families has more than doubled. Explain


Income Differences

4. List some reasons why household incomes differ. Which factors are the most important?


Official Poverty Level

5. How does the U.S. department of agriculture calculate the official poverty level? What government assistance programs does the census bureau consider when calculating household income? What programs are ignored?


Please show all work Thank You

Answered
30 Jun 2019