Note AcademyNote Academy
Start

Economics · May / June 2017 · Paper 12 · Question 16

2281Fiscal policy

When is a tax progressive?

  1. Awhen some goods have a higher tax than others
  2. Bwhen the rate of tax increases as income increases
  3. Cwhen the tax is linked to the rate of inflation
  4. Dwhen the tax is on incomes rather than on goods or services

As printed in the paper

Show the answer

Correct answer: B. when the rate of tax increases as income increases

Sit this whole paper →More on Fiscal policy

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.