The marginal rate of tax paid is ?

Related Mcqs:

If the state Bank of Pakistan wished to pursue an expansionary monetary policy it would ?

A. increase the minimum reserve asset ratio. B. buy government securities on the open market C. raise interest rates D. sell government securities on the open market...

Fiscal drag occurs when ?

A. Tax bands do not increase with inflation B. Tax rates move inversely with inflation C. Government spending falls to reduce aggregate demand D. Tax banks increase with inflation...

Imagine there is no tax on income up to Rs 1000 after that there is a tax of 505 what is the average tax rate on an income of Rs 20,000 ?

A. Rs 50000 B. 20% C. 25% D. Rs 10000...

If the marginal rate of tax is 40% and consumers income increase from Rs10,000 to Rs12,000 ?

A. The amount of tax paid will increase by Rs4,800 B. The amount of tax paid will increase by Rs4,000 C. The amount of tax paid will increase by Rs 800 D. The total tax paid will be Rs4,800...

If the economy grows the government’s budget position will automatically ?

A. worsen B. Improve C. Stay the same D. Increase with inflation...