The rate of tax increase as the amount of the Lax base Increases is called-

Related MCQs

• If the tax rate increases with the higher level of income, it shall be called -
• The situation in which the same tax base is taxed more than once is called:
• When the demand for a good increases with an increase in income, such a good is called -
• Thomas Robert Malthus (1766 – 1834) was a British economist who is remembered for his essays on population. In his which famous work he said, “Population, when unchecked, increases in a geometrical ratio. Subsistence only increases in an arithmetical ratio.”?
• An Increase in national income because of an increase in price is called-
• The ratio of the total increase in a country’s national income to the increment in export revenue generating the increase is called:
• When income increase, consumption also increases :
• Corporation tax is a tax imposed on -
• An increase in per capital income is not an indication of an increase in the economic welfare of the people -
• As the number of investments made by a firm increases, its internal rate of return -