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1. |
When the ratio of indirect taxes to total taxation revenue is very high, it leads to : 1. rise in the price level 2. higher taxation burden on the rich 3. higher taxation burden on the poor 4. fall in tax revenues |
A. | 1 and 2 |
B. | 1 and 3 |
C. | 1, 2 and 4 |
D. | 1, 3 and 4 |
Answer» C. 1, 2 and 4 | |