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    Economics Principles and Policy Study Set 2
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    Exam 17: Taxation and Resource Allocation
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    A Tax System Under Which an Individual Pays a Higher
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A Tax System Under Which an Individual Pays a Higher

Question 202

Question 202

Multiple Choice

A tax system under which an individual pays a higher fraction of his income in taxes at higher levels of income is formally described as


A) digressive.
B) progressive.
C) proportional.
D) regressive.

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