The tax function T (z) = A + τ z (a) is progressive if A=0 (b) is progressive if A>0 (c) is progressive if A<0* (d) is proportional for all values of A

Question

The tax function T (z) = A + τ z (a) is progressive if A=0 (b) is progressive if A>0 (c) is progressive if A<0* (d) is proportional for all values of A
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Solution 1

A tax function is considered progressive if the tax rate increases as the taxable amount increases.

(a) If A=0, the tax function T(z) = τz is progressive. This is because the tax rate (τ) is applied to the entire amount z, meaning that as z increases, the total tax also increases.

(b) If A>0, th Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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