Note AcademyNote Academy
Start

Economics · May / June 2026 · Paper 12 · Question 19

2281Fiscal policy

In an economy, lower income earners pay income tax at a rate of 20% whilst higher income earners pay income tax at a rate of 45%. Which classification of taxation is in operation?

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

As printed in the paper

Show the answer

Correct answer: B. progressive

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.