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
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