A tax is progressive if the ratio of taxes to income rises as income rises

a. True
b. False
Indicate whether the statement is true or false

True

Economics

You might also like to view...

Securitized loans

What will be an ideal response?

Economics

A "payday loan" is a ________ amount of money borrowed for short period, by ________ income people who have a checking account, a job, and direct deposit of their paycheck

a. large; higher b. small; higher c. large; lower d. small; lower

Economics