If the average tax rate falls as income increases, the tax is
A) regressive.
B) proportional.
C) progressive.
D) vertically unfair.
E) impossible to determine with the information given.
Correct Answer:
Verified
Q39: Suppose the elasticity of demand for a
Q40: Q41: The marginal tax rate equals 100 × Q42: The Goods and Services Tax in Australia Q43: If the average tax rate increases as Q45: The average tax rate is the Q46: The marginal tax rate is the Q47: A tax that has the same average Q48: If the average tax rate _ as Q49: If there is an income tax levied
A)
A) percentage
A) percentage
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