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    Microeconomics Study Set 8
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    Exam 16: The Distribution of Income and Social Policy
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    If You Pay $2000 in Taxes on an Income of $30
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If You Pay $2000 in Taxes on an Income of $30

Question 76

Question 76

Multiple Choice

If you pay $2000 in taxes on an income of $30 000, and a tax of $4000 on an income of $40 000, then over this range of income the tax is


A) regressive.
B) proportional.
C) progressive.
D) There is insufficient information to answer the question.

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