-In the Above Figure, If the Tax Rate Is Increased

question 116

Multiple Choice

-In the above figure, if the tax rate is increased from 20 percent to 30 percent, tax revenue

• A) decreases.
• B) is constant.
• C) increases.
• D) may increase or decrease.

---

Definitions:

Starting Materials

The substances used at the beginning of a synthesis or a chemical reaction.

Reactivity

The inclination of a substance to participate in a chemical reaction, alone or in combination with other substances.

Substrates

Materials or substances on which enzymes act or upon which chemical processes occur.

2-Chlorobutane

An organic compound consisting of a four-carbon chain (butane) with a chlorine atom substituted at the second carbon.