Question 7
The tax which takes an increasing fractional of income as income goes down is called
Objective
Question details
- Exam body
- FUTA
- Subject
- Economics
- Year
- 2014/2015
- Question no.
- #7
- Type
- Objective
More from this paper
- Q3Efficiency of labor is enhanced by
- Q4Devaluation helps in checking adverse balance of payments if the
- Q5Gains from trade depends on
- Q9The effect of an increase in the personal income tax is to
- Q10The most important advantage of cooperative societies is
- Q11In a public company, shares are