Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Imposition of one of the following taxes does not bring any change in the MPC and hence multiplier. This tax is known as A.Progressive tax
Imposition of one of the following taxesdoes not bring any change in the MPC and hence multiplier.This tax isknownas
A.Progressive tax
B.Proportional tax
C.Regressive tax
D.Lump Sum tax
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started