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please answer question 5 1 u u v j. 5. The following hypothetical data give annual spending on various goods and a. b 0. services

please answer question 5

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1 u u v j. 5. The following hypothetical data give annual spending on various goods and a. b 0. services for households at different income levels. Assume that an excise tax on any of these would, in the long run, be shifted fully to consumers. $0$25,000 $20,000 $5,000 $1,000 $500 ggggg $40,000 $8,000 $2,000 $2,000 0,000 $5$75 000 $65,000 $9.750 $3.250 $5.200 :15)? 3:; $80,000 $10,000 $4,000 $8,000 > $100,000 $200,000 $16,000 $10,000 $30,000 Determine whether a tax on any of the following goods would be progressive, proportional, or regressive. Food. . Clothing. Entertainment

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