Solved

Scenario: There Are 4 Households in a Locality

Question 12

Multiple Choice

Scenario: There are 4 households in a locality. The annual income of the first household is $20,000, the annual income of the second household is $47,000, the annual income of the third household is $50,000, and the annual income of the fourth household is $71,000.
-Refer to the scenario above.If the local government follows a progressive tax system,which family pays the largest amount in tax?


A) The first household
B) The second household
C) The third household
D) The fourth household

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions