You are at question (MCQ) number 8 and Test Number 1 of Economics: All topics. To deal with Economics questions, you must take lesson on the subject. In case of science and Art subjects revise your text books and in case of general aptitude topics take lessons from the topic page.
The question: Buoyancy of a tax is defined as -
.... with options: increase of tax rate, decrease in tax revenue, increase in tax revenue, increase in ratio of direct to indirect tax can be solved with the concepts and understanding of Economics.
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