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In a Progressive Tax Structure

Question 41

Multiple Choice

In a progressive tax structure:


A) both the tax rate and absolute tax amount increases with increase in income.
B) the tax rate remains constant,but the absolute tax amount increases with increase in income.
C) both the tax rate and absolute tax amount declines with increase in income.
D) the tax rate falls,but the absolute tax amount increases with increase in income.
E) the tax rate increases,but the absolute tax amount decreases with increase in income.

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