JAMB Economics 2023 Objective — Question 6
Question 6 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2023 Objective paper, with the correct answer and a full explanation.
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Personal income tax is
- A. (A) ProgressiveCorrect
- B. (B) repressive
- C. (C) proportional
- D. (D) excessive
Explanation
Personal income tax is progressive because the rate paid increases as a person's income increases.
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