Microeconomics 10 Multiple choice quiz urgent!

Published by admin at September 28, 2021

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In enforcing the legal system, the government in a market capitalist economy acts to:

When the government provides national defense, it is:

Personal income and payroll taxes are the largest sources of revenue for the federal

government.

“C” represents

Government’s role of providing national defense is considered:

There is an important role for government in a market capitalist economy.

The “free rider problem” applies to

Maintaining competition in markets is the responsibility of the

Taxes

10.

If the total tax on $30,000 in income is $1,350 and the total tax on $35,000 in income is 2,2500, what is the marginal tax rate?