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Economics · Oct / Nov 2022 · Paper 12 · Question 17

2281Fiscal policy

The table shows the rate of income tax paid at different income levels. | level of income $ | rate of income tax % | |---|---| | 30 000 | 20 | | 40 000 | 30 | | 50 000 | 40 | What describes this type of tax?

  1. Aindirect
  2. Bprogressive
  3. Cproportional
  4. Dregressive

As printed in the paper

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Correct answer: B. progressive

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