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    Economics Private and Public Choice Study Set 1
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    Exam 4: A : Supply and Demand: Applications and Extensions
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    Use the Table Below to Choose the Correct Answer
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Use the Table Below to Choose the Correct Answer

Question 39

Question 39

Multiple Choice

Use the table below to choose the correct answer. Use the table below to choose the correct answer.   The tax schedule shown here is A)  regressive. B)  proportional. C)  progressive. D)  proportional up to $20,000 and regressive beyond that.
The tax schedule shown here is


A) regressive.
B) proportional.
C) progressive.
D) proportional up to $20,000 and regressive beyond that.

Correct Answer:

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