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Subject - Economics:

Microeconomics

MCQ - 105-4115

Question:

The sales tax that you pay at the grocery store is commonly labeled a

  1. progressive tax.
  2. regressive tax.
  3. proportional tax.
  4. regressive tax.
  5. tax bracket.

Correct Answer: B

Explanation:

Sales taxes are typical examples of regressive taxes.

Record Performance

269 MCQ for effective preparation of the test of Microeconomics of Economics section.

Read the MCQ statement: The sales tax that you pay at the grocery store is commonly labeled a , keenly and apply the method you have learn through the video lessons for Microeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 105-4115.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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