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  3. Study Set
    Macroeconomics Study Set 43
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    Exam 13: B: Fiscal Policy, Deficits, Surpluses, and Debt
  5. Question
    With a Regressive Tax System, as the Level of Income
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With a Regressive Tax System, as the Level of Income

Question 192

Question 192

Multiple Choice

With a regressive tax system, as the level of income increases in an economy, the average tax rate will:


A) increase.
B) decrease.
C) remain constant.
D) either increase or decrease.

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