In using taxes as a tool for the redistribution of income and wealth in the U.S.

Question

In using taxes as a tool for the redistribution of income and wealth in the U.S. economy, the government
a. taxes households with higher incomes at higher rates
b. uses tax revenues to provide services used to a greater extent by households with lower incomes
c. uses tax revenues to make transfer payments to households with lower incomes
d. all of the above


A flat tax is a form of sales tax.
True
False

After World War II, most nations adopted some type of fixed or controlled exchange rate system.
True
False


Appreciation of the U.S. dollar encourages travel abroad by U.S. citizens.
True
False

Explanation / Answer

true true false

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