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2.5 Fiscal policy and supply-side policies

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Question 122

Which one of the following is correct for a progressive tax on income?

A

The average rate of tax rises as income increases

B

The marginal rate of tax is lower than the average rate of tax

C

The absolute amount of tax paid remains constant as income increases

D

The average rate of tax is constant at all levels of income

Markscheme

2.5 Fiscal policy and supply-side policies Questions

  1. A Level
  2. /Economics
  3. /2.5 Fiscal policy and supply-side policies

245 exam-style questions on AQA A Level Economics 2.5 Fiscal policy and supply-side policies, covering 2.5.1 Fiscal policy and 2.5.2 Supply-side policies. Each one has a worked solution and a mark scheme showing where the marks go.

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