If Mark earns more income than Carly, because of the progressive
individual income tax
Select...
History, 24.07.2021 21:40 Huntruh2842
If Mark earns more income than Carly, because of the progressive
individual income tax
Select one:
a. Carly would pay a higher percentage of his income in taxes if
he made enough to be in a higher tax bracket.
O b. Mark would automatically pay a higher percentage of his
income in taxes.
c. Mark would pay a higher percentage of his income in taxes if
he made enough to be in a higher tax bracket.
O d. Carly would pay an equivalent amount of taxes as Mark.
Answers: 3
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One drawback of voluntary trade is that it a. requires two groups to use a common language b. can make one group dependent upon another for necessary goods c. doesn't occur unless there is a shortage of goods for at least one group d. forces groups to rely on themselves to produce all the goods they need
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