If the (Average)tax Rate Falls by 10% and as a Result

question 23

Multiple Choice

If the (average) tax rate falls by 10% and as a result the tax base rises by 20%,then tax revenues will

• A) rise.
• B) decline.
• C) remain unchanged.
• D) There is not enough information given to answer this question.

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Definitions:

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A modular component of an application that can be independently deployed, updated, or configured.

Template

A pre-designed layout or structure that serves as a starting point for creating a new document or project.

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A file that resides outside of the current application or project scope, accessed from a different location.