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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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    If Harun's Taxes Are $20,000 When He Earns $100,000 and $15,000
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If Harun's Taxes Are $20,000 When He Earns $100,000 and $15,000

Question 196

Question 196

Multiple Choice

If Harun's taxes are $20,000 when he earns $100,000 and $15,000 when he earns $80,000, then


A) Harun faces a progressive tax.
B) Harun faces a regressive tax.
C) Harun faces a proportional tax.
D) Harun faces a falling marginal tax rates.

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