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Question 29

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Use the following to answer question: Use the following to answer question:   -(Table: Taxes,Spending,and Income) Use Table: Taxes,Spending,and Income.Suppose Governor Meridias decides to initiate a state tax of 5% on all sales.A poor household will spend _____% of its annual income on the sales tax,while a wealthy household will spend _____% of its annual income. A) 4.5;4 B) 5;5 C) 5;3.5 D) 3.5;4.5
-(Table: Taxes,Spending,and Income) Use Table: Taxes,Spending,and Income.Suppose Governor Meridias decides to initiate a state tax of 5% on all sales.A poor household will spend _____% of its annual income on the sales tax,while a wealthy household will spend _____% of its annual income.


A) 4.5;4
B) 5;5
C) 5;3.5
D) 3.5;4.5

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