Eco 450 Week 7 Quiz

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ECO 450 Week 7 Quiz

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ECO 450 Week 7 Quiz

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http://devrycourse.com/ECO%20450/eco-450-week-7-quiz

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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...