A tax based on income, profit or wealth is which tax type?
Progressive tax.
Direct tax.
Regressive tax.
Indirect tax.
Flashcards for OCR GCSE Economics Fiscal policy, covering the key terms, formulae and calculations you need to recall for Component 01 and Component 02. 24 cards, matched to the OCR GCSE Economics (J205) specification. Recall questions account for roughly 35% of marks at GCSE Economics, so these target the marks you can secure before the paper starts.