1 under a progressive tax systema the average tax rate, Ask an Expert

Economics

1. Under a progressive tax system,

a. the average tax rate increases with increases in real GDP.

b. the average tax rate remains constant with changes in real GDP.

c. the average tax rate falls with increases in real GDP.

d. government tax receipts increase when the economy is in a recession.

e. government tax receipts decrease when the economy is expanding.

2. Which of the following not be considered an industrialized country?

a. Japan

b. Australia

c. United States

d. India

e. France

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91297913

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