Economics · Public Finance
Which concept describes an increase in tax revenue that occurs automatically or via tax adjustments during a period of economic growth or inflation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Tax Evasion
- 2Fiscal Drag
- 3Tax Elasticity
- 4Tax Buoyancy✓
Correct answer
Tax Buoyancy
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