Economics Multiple Choice Question – 22 September 2021

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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The UK government is concerned about the market influence of a large elWhat describes a regressive tax?

Select ONE answer:

  1. All taxpayers pay the same proportion of income in taxes.
  2. High-income earners pay a lower proportion of income in taxes than low-income earners.
  3. High-income earners pay less in taxes than low-income earners.
  4. High-income earners pay more in taxes than low-income earners.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

  1. Not correct
  2. Correct
  3. Not correct
  4. Not correct

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