19. Which type of tax causes the distribution of income to be more unequal? a. proportional b.

 19. Which type of tax causes the distribution of income to be more unequal?

a. proportional

b.

progressive

c. regressive

20. Excess burden:

a. is the amount that the burden imposed by a tax exceeds the funding provided by the tax

b. does not occur with most taxes

c. is not significant with the federal personal income tax

d. All of the above

21. The deadweight loss of a tax occurs:

a. when a tax distorts decisions made in the private market

b. when a tax eliminates mutually beneficial transactions

c. Both of the above

d. Neither of the above

22. An increase in per capita Real GDP:

a. is per capita economic growth

b. always results in a higher standard of living

c. Both of the above

d. Neither of the above

23. To achieve long run economic growth:

a. a country can move from a point inside its PPF to a point on its PPF

b. a country must shift its PPF outward

c. Both of the above

d. Neither of the above

24. An increase in labor productivity:

a. is an increase in output per unit of labor

b. will increase Real GDP

c. will increase per capita Real GDP

d. All of the above

Show more







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10