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A progressive tax is the one ______. - Economics

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Question

A progressive tax is the one ______.

Options

  • when the rate of taxation remains the same

  • when the rate of taxation increases

  • when the rater of taxation decreases

  • none of these

MCQ
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Solution

A progressive tax is the one when the rate of taxation increases.

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Chapter 16: Fiscal Policy - TEST YOURSELF QUESTIONS [Page 324]

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Frank Economics [English] Class 12 ISC
Chapter 16 Fiscal Policy
TEST YOURSELF QUESTIONS | Q 4. | Page 324
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