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Table 18-3 Table 18-3 Contains Data on Household Spending at Spending

Question 131

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Table 18-3
Table 18-3    Table 18-3 contains data on household spending at different income levels.Suppose that a 3 percent tax is levied on all consumption spending. -Refer to Table 18-3.The consumption tax is A) proportional. B) progressive. C) income neutral. D) regressive. Table 18-3 contains data on household spending at different income levels.Suppose that a 3 percent tax is levied on all consumption spending.
-Refer to Table 18-3.The consumption tax is


A) proportional.
B) progressive.
C) income neutral.
D) regressive.

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