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


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