St. Philips College

ECON 101

Chapter 19

1)A graphic illustration of the cumulative size distribution of income is known as the

2. Additional loopholes in the personal income tax law tend to

3. Which of the following is an example of an indirect income transfer?

4. With a flat tax,

5. Which of the following is an example of an explicit income transfer?

6. If the area between the diagonal line of absolute equality and the Lorenz curve is greater for the United States than for Japan, we can conclude that the

7. The argument against greater equality in the distribution of income in the United States hinges basically on

8. Tax incidence most accurately refers to

9. A tax that is designed to be progressive will improve

10. Which of the following is true about a payroll tax?

11. A flat tax

12. To make a tax system more progressive, policy makers could

13. Income is measured as

14. Increasing tax rates on businesses can be justified based on equity considerations when

15. Greater equality in income is supported by the argument that it

16. An increase in deductions, exemptions, and credits in the tax code will

17. Which of the following is a progressive tax?

18. Which of the following is a payroll tax?

19. If the marginal tax rate is too high, it can cause all of the following except

20. The U.S. federal income tax is classified as a