Economics 9708 · AS & A Level · Short-run costs

Short-run costs — practice question

What is meant by a regressive tax?

  • AAll taxpayers pay the same proportion of income in taxes.
  • BHigh-income earners pay a lower proportion of income in taxes than low-income earners.
  • CHigh-income earners pay less in taxes than low-income earners.
  • DHigh-income earners pay more in taxes than low-income earners.

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