A. Define progressive income tax. Briefly create a few numbers to explain it. B. Draw and use a utility function to verbally explain common reasoning for progressive income taxes (also known as vertical equity in taxation).
C. Draw and use an additional utility function (for another normal good) to verbally explain the flaw in the common defense of progressive income taxes, from part B.

Why does the united states government provide tax breaks related to the amount of money companies spend on research and development? a. to provide incentives for companies to conduct research and development to allow antitrust authorities b. to challenge joint research efforts c. to protect the right of inventors d. to produce and sell their inventions e. to involve less government scrutiny than a government funded project

According to the naeyc curriculum is effective when all of the following occur except

When the price of pencils increases from $1.50 to $2.50, there is an increase in quantity demanded of pens from 100 to 150. the cross-price elasticity of demand between pencils and pens is: ?