Home » Economics » If Mr A earns N2,000 a year while Mr B earns N8,000 but Mr a…If Mr A earns N2,000 a year while Mr B earns N8,000 but Mr a… If Mr A earns N2,000 a year while Mr B earns N8,000 but Mr a pays N200 in tax per annum while Mr B pays N400, such a tax is A. Progressive B. Indirect C. Regressive D. Proportional E. None of the above Correct Answer: Option C Explanation Related Posts The coefficient of the price elasticity of supply is always A form of business organization which is characterized by limited authority and liability of individual… Tax which is levied on goods manufactured, sold or used within a country is? Which of the following is NOT a major function of a Central Bank? An increase in the circulation of money without a corresponding increase in output will lead… the headquarter of the Organization of Petroleum Exporting Countries (OPEC) is in
A form of business organization which is characterized by limited authority and liability of individual…
