Static tax analysis assumes that
A) an increase in a tax rate may lead to a decrease in the tax base.
B) an increase in a tax rate will lead to an increase in the tax base.
C) an increase in a tax rate will leave the tax base unchanged.
D) the tax base will always remain unchanged.
C
Economics
You might also like to view...
You paid $145 for an iPod Nano. The cash you sacrificed is a(n)
A) explicit cost. B) implicit cost. C) deferred cost. D) accrued cost.
Economics
The price elasticity of demand for a monopolist's product depends on
A) the number and similarity of substitutes. B) the ATC of the item it produces. C) the AVC of the item it produces. D) the MC of the item it produces.
Economics