Economics · Taxation
Regressive Taxes are generally those in which:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1the average rate of tax decreases as income increases✓
- 2the average rate of tax is constant as income increases
- 3the average rate of tax increases as income increases
- 4the marginal rate of tax decreases with increased income
Correct answer
the average rate of tax decreases as income increases
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