Q. If the tax function is given by T= -20+0.1 Y the average tax rate would (Solved)
1. Be 0.1
2. Fall as income falls
3. Vary negatively with income
4. Be -20 _0.1
- b. Fall as income falls
1. Be 0.1
2. Fall as income falls
3. Vary negatively with income
4. Be -20 _0.1