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Question 0.25 pts If firms' average on-cost tax rate is 15%, the average indirect rate is 12%, the effective inflation tax is 3%, and the
Question 0.25 pts If firms' average on-cost tax rate is 15%, the average indirect rate is 12%, the effective inflation tax is 3%, and the average direct tax rate is 20%, then the tax wedge equals: 1.61 0.61 1.58 0.58 Question 0.25 pts If firms' average on-cost tax rate is 15%, the average indirect rate is 12%, the effective inflation tax is 3%, and the average direct tax rate is 20%, then the tax wedge equals: 1.61 0.61 1.58 0.58
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