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प्रश्न
Identify the type of taxation.
विकल्प
Progressive
Regressive
Proportional
Degressive
उत्तर
Regressive
Explanation:
A regressive tax is one in which the tax rate drops as the tax base rises. The diagram depicts the case of regressive taxation. The tax line travels downward to the right, indicating that the tax rate reduces as the tax base expands.
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