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A tax is said to bebuoyantif the tax revenues proportionately in response to a rise in national income or output. ?->(Show Answer!)
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1. A tax is said to bebuoyantif the tax revenues proportionately in response to a rise in national income or output.
(A): Decreases less than
(B): Decreases more than
(C): Increase more than
(D): Increases less than
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