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Instructions Timed Test This test has a time limit of 7 hours This test will sav

ID: 2485430 • Letter: I

Question

Instructions Timed Test This test has a time limit of 7 hours This test will save and submit aufomatically when the bme expires Wamings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain Multiple Attempts Not allowed. This test can only be taken once Force Completion This test can be saved and resumed at any point unbil time has expired The imer will continue to run if you leave the test Remaining Time: 6 hours, 51 minutes, 41 seconds. v Question Completion Status: Close Window Moving to roeer question will sa.e this response Quest on 3 of 7322 Question 3 1.4 points Save Answer senen ese tax base i, S40,000, the tax liability 1,,000, when the tax base 1, 400,000, the tax liability 1, ,000. Thi, tsx Sa, a rat, b Regressive Queston 3 of 73 > Mong to another question all sav+ this response Close Window OLL

Explanation / Answer

Question-3

Answer= d=Proportional

In this case as the tax base is increases but tax rate is flat i.e 10%.

A proportional tax rate is one where the rate of the tax is the same for all taxpayers, regardless of income levels