Table 18-3 Table 18-3 Contains Data on Household Spending at Spending

question 131

Multiple Choice

Table 18-3
Table 18-3 contains data on household spending at different income levels.Suppose that a 3 percent tax is levied on all consumption spending.
-Refer to Table 18-3.The consumption tax is

• A)proportional.
• B)progressive.
• C)income neutral.
• D)regressive.

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