A progressive tax is a tax which causes the situation that the rich contribute more to the finances of the country than the poor - this means that the more one earns, the more one also pays in taxes. The correct answer is: d. Under a progressive tax, those with more income shoulder more of the tax burden.
When a country is more specialized, it's able to make something or know how to make something better. If two countries are specialized in different areas, they can each trade their advanced goods instead of each country making moderately good products.
Almost everyone in Louisiana (94%) was being affected by the flood.
<h3>What is Mississippi Flood?</h3>
The Great Mississippi Flood occur in 1927 and it is the most destructive river flood in the history of the United States. The flood started in 1926, when heavy rain fell at the Central Basin of the Mississippi.
Almost every individual was affected and only a few people who survived were left displaced and homeless.
Therefore, Almost everyone in Louisiana (94%) was being affected by the flood.
Learn more on Great Mississippi Flood here,
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true
an objective and systematic way of collecting information and arriving at conclusions
scientific method
A. good A; good B
B. both goods; neither good
C. good B; good A
D. neither good; both goods
E. neither good; neither good
Answer:
A. good A; good B
Explanation:
The comparative advantage refers to the ability a country has to produce a good or service with a lower opportunity cost which is the benefit lost when deciding to produce one product over another. According to the table, we can see that Country 1 has a comparative advantage in the production of good A because it has a lower opportunity cost and Country 2 has a comparative advantage in the production of good B because of the lower opportunity cost.