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Answer the Next Question on the Basis of the Following

Question 69

Multiple Choice

Answer the next question on the basis of the following five schedules,all of which represent income tax schedules for an economy.All figures are in billions of dollars. Answer the next question on the basis of the following five schedules,all of which represent income tax schedules for an economy.All figures are in billions of dollars. Which of the above schedules represent(s) a proportional tax? A) II and IV B) III and V C) IV only D) I only Which of the above schedules represent(s) a proportional tax?


A) II and IV
B) III and V
C) IV only
D) I only

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