ECO 450 Week 7 Quiz
Purchase here
http://devrycourse.com/ECO%20450/eco-450-week-7-quiz
Product Description
Review Test Submission: Quiz 5
Course Public Finance
Test
Quiz 5
This quiz consist of 15 multiple choice questions and covers the material in Chapter 10. Be sure you are in Chapter 10 when you take the quiz.
Question 1
.
According to the benefit principle,
Question 2
If the marginal tax rate is 20% under a proportional tax rate structure, the average tax rate:
Question 3
.
If the average tax rate under a progressive tax rate structure is 35%, a possible marginal tax rate is:
Question 4
A payroll tax taxes a worker’s wages at 14 percent until the worker earns $60,000 per year. All labor earnings in excess of $60,000 are not subject to tax. The tax rate structure of the payroll tax is therefore:
Question 5
The marginal tax rate will eventually exceed the average tax rate for
Question 6
Which of the following countries has the highest average tax rate relative to GDP?
Question 7
Tax avoidance is:
Question 8
Marginal tax rates were reduced in 2001. Other things being equal, this is likely to:
Question 9
An excise tax is a:
Question 10
.
A tax on the value of real estate holdings is a:
Question 11
.
A 5-percent retail sales tax on all consumer purchases in a state is imposed. The sales tax is:
.
Question 12
A proportional income tax has an average tax rate that:
Question 13
.
The tax base of a payroll tax is:
Question 14
.
Question 15
.
A bridge becomes congested after 100 vehicles per hour use it on any day. To achieve efficiency, a toll
ECO 450 Week 7 Quiz
Purchase here
http://devrycourse.com/ECO%20450/eco-450-week-7-quiz
Product Description
Review Test Submission: Quiz 5
Course Public Finance
Test
Quiz 5
This quiz consist of 15 multiple choice questions and covers the material in Chapter 10. Be sure you are in Chapter 10 when you take the quiz.
Question 1
.
According to the...