The appropriate tax rate to consider judging the vertical equity of a – McqOptions

MCQOPTIONS

1.	The appropriate tax rate to consider judging the vertical equity of a tax system is the ?
A.	marginal tax rate
B.	average tax rate
C.	horizontal tax rate
D.	proportional tax rate
Answer» C. horizontal tax rate

Discussion

No Comment Found

Related MCQs

The average tax rate is ?
The misery index Which some commentators suggest measures the health of the economy, is ?
Sana values a pair of blue jeans at Rs400. If the price is Rs350 Sana buys the jeans and generates consumer surplus of Rs50 Suppose a tax is placed on blue jeans that causes the price of blue jeans to rise to Rs450 Now sana chooses not to buy a pair of?
Refer to Exhibit 6.Suppose the economy is in long-run equilibrium at point E. A sudden increase in government spending should move the economy in the direction of point ?
Refer to Exhibit 4. If there is no tax placed on the product in this market, producer surplus is the area ?
The graph that shows the relationship between the size of a tax and the tax revenue collected by the government is known as a ?
If people have rational expectations a monetary policy contraction that is announced and is credible could ?
Refer to Exhibit 6. Suppose the economy is Operating in long-run equilibrium at point E. An unexpected monetary contraction will move the economy in the direction of point ?
A decrease the Price of foreign oil ?
Refer to Exhibit 6.If People in the economy expect inflation to be 3 percent and inflation is 3 percent the economy is operating at point ?