Anushka Asked a Question
April 20, 2021 1:08 pmpts 30 pts
(4) Elasticity of demand and supply 41. Assertion (A) : A progressive income tax is also known as built-in stabilizer. 45 Reason (R): As economy expands, and income rises, taxes also rise in the same proportion. Answer from the codes below Codes: 6 1) Both (A) and (R) are true and (R) is the correct explanation of (A). (2) Both (A) and (R) are true, but (R) is not the correct explanation of (A). 8 A) is true, but (R) is false. 4) (A) is false, but (R) is true. 42. Assertion (A) : Rising Public debt is a nment and
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  • Ravindra nath mahto thankyou
    Anuskha, Look at the solution once.
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  • Aabha Mishra thankyou
    In the above question the reason which is given is correct because progressive tax can be defined as the tax in which tax rate increases or decreases with the increase or decrease ...
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