Regardless of income level,when the ratio of taxes paid to income is constant then it is called
A) lump sum tax.
B) marginal tax.
C) progressive tax.
D) proportional tax.
Correct Answer:
Verified
Q30: Regressive tax systems are bad.
A) True
B) False
C)
Q31: Due to capitalization,the burden of future taxes
Q32: Partial factor taxes are levied on an
Q33: In a general equilibrium model,a tax on
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Q36: Marginal tax rates supply reliable measures of
Q37: Suppose there is a market that has
Q38: Even with a tax,the price that consumers
Q39: After a price change,the substitution effect will
Q40: Unit taxes cause shifts,while ad valorem taxes
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