New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    To gauge the sacrifice made by a taxpayer, we should use

    the _____ tax rate. 
    A marginal Correct Answer Incorrect Answer
    B average Correct Answer Incorrect Answer
    C sales Correct Answer Incorrect Answer
    D lump-sum Correct Answer Incorrect Answer
    E Value Added Correct Answer Incorrect Answer

    Solution

    Average tax rate reflects the sacrifice made by a tax payer.

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