A country is using a proportional tax when Group of answer choices its marginal tax rate equals its average tax rate. its marginal tax rate is less than its average tax rate. its marginal tax rate is greater than its average tax rate. it uses a lump-sum tax.
A country is using a proportional tax when Group of answer choices its marginal tax rate equals its average tax rate. its marginal tax rate is less than its average tax rate. its marginal tax rate is greater than its average tax rate. it uses a lump-sum tax.
Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter17: Taxation And Resource Allocation
Section: Chapter Questions
Problem 2DQ
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A country is using a proportional tax when
Group of answer choices
its marginal tax rate equals its average tax rate.
its marginal tax rate is less than its average tax rate.
its marginal tax rate is greater than its average tax rate.
it uses a lump-sum tax.
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