Q. When the ratio of indirect taxes to total taxation revenue is very high, it leads to : 1. rise in the price level 2. higher taxation burden on the rich 3. higher taxation burden on the poor 4. fall in tax revenues (Solved)
1. 1 and 2
2. 1 and 3
3. 1, 2 and 4
4. 1, 3 and 4
- b. 1 and 3