1. 7. Mat ea concept in Column A with an example in Column B.

Column A Column B Column A

a. An example of a progressive tax

b. An example of a regressive tax

c. A proportional tax

d. An excise tax

e. Inelastic demand

f. Elastic demand g. Effective tax rate h. Supply-side economics i. Tax incidence analysis Column B 1. e tax burden falls primarily on producers 2. A tax on ea unit of a product 3. Total taxes divided by total income 4. Estate taxes 5. e study of how tax burdens are distributed 6. Social insurance taxes 7. e tax burden falls primarily on consumers 8. A tax that is the same rate regardless of income levels 9. e theory that economic growth depends on low marginal tax rates