Economics 9708 · AS & A Level · Fiscal policy

Fiscal policy — practice question

A country operates a negative income tax. On the diagram, the curve NT represents the country’s original tax schedule. What might make the tax schedule shift to NT1?

  • Aa higher marginal tax rate
  • Ba more equal distribution of income
  • Can increase in household disposable income
  • Dan increase in the marginal propensity to consume

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