Consider the following data that describe the relationship between income and a tax.IncomeTaxes$20,000$3,40016,0003,00012,0002,4008,0001,6004,000800The tax may be best described as
A. proportional at lower income levels and progressive at higher income levels.
B. proportional at lower income levels and regressive at higher income levels.
C. regressive at lower income levels and proportional at higher income levels.
D. regressive at lower income levels and progressive at higher income levels.
Answer: B
Economics
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