Economics · Public Finance
An income tax structure will be progressive if the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Marginal rate of tax is zero at all income levels
- 2Marginal rate of tax is equal to the average rate of tax
- 3Marginal rate of tax is less than the average rate of tax
- 4Marginal rate of tax is greater than the average rate of tax✓
Correct answer
Marginal rate of tax is greater than the average rate of tax
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