Suppose a government imposes the following tax rates on its citizens.
The government has imposed a ________ tax system because the tax rate ________ with the level of income.
A) regressive; decreases
B) regressive; increases
C) proportional; falls proportionally
D) progressive; decreases
E) progressive; increases
Correct Answer:
Verified
Q38: Q39: The _ the value of marginal product Q40: Q41: In Australia the income tax system is Q42: The median voter theory predicts income redistribution Q44: With a negative income tax that has Q45: When the government redistributes income, one dollar Q46: Which of the following characterises the negative Q47: Looking at the results of government income Q48: A regressive income tax is a tax![]()
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