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

Short-run costs — practice question

A regressive tax is one in which

  • Aall taxpayers pay the same absolute amount of their income in taxation.
  • Bhigh income earners pay a lower proportion of their 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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