menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 1
  4. Exam
    Exam 18: Taxation and Public Expenditure
  5. Question
    The Sometimes Proposed "Flat Tax," Such as One That Takes
Solved

The Sometimes Proposed "Flat Tax," Such as One That Takes

Question 70

Question 70

Multiple Choice

The sometimes proposed "flat tax," such as one that takes 15% of income at all levels of income,is an example of a(n)


A) proportional tax.
B) regressive tax.
C) progressive tax.
D) excise tax.
E) value-added tax.

Correct Answer:

verifed

Verified

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

Related Questions

Q65: The figure below show a simplified version

Q66: A "poverty trap" refers to the situation

Q67: Statistics Canada defines the poverty line as

Q68: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 18-1 -Refer

Q69: A tax that takes a higher percentage

Q71: The Canadian federal income tax is progressive

Q72: The direct burden of a tax is<br>A)directly

Q73: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 18-3 -Refer

Q74: Suppose taxes are levied in the following

Q75: Consider the concept of equity in taxation.What

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines