Economics 9708 · AS & A Level · Maximum and minimum prices

Maximum and minimum prices — practice question

Individuals can decide how many hours to work, what proportion of their income to save, and which goods and services to purchase. Which type of tax will not affect the choices individuals make?

  • Aa tax levied on the wealth accumulated by individuals
  • Ba uniform tax which raises the same fixed amount from all individuals
  • Cindirect taxes on specific goods
  • Dproportional income taxes

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