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

Short-run costs — practice question

A country’s government chooses to raise the share of tax revenue it collects from direct taxes and to cut the share it raises from indirect taxes. What effects is this likely to have on income distribution and on incentives to work?

  • Aless equal, decrease
  • Bless equal, increase
  • Cmore equal, decrease
  • Dmore equal, increase

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