If the (average) tax rate falls by 10% and as a result the tax base rises by

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If the (average) tax rate falls by 10% and as a result the tax base rises by 20%, then tax revenues will

A.There is not enough information given to answer this question.

B.Rise

C. remain unchanged

D. Decline

Related Book For answer-question

Principles of Auditing and Other Assurance Services

ISBN: 978-0078025617

19th edition

Authors: Ray Whittington, Kurt Pany

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Posted Date: Feb 04, 2024 01:09 AM

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If the (average) tax rate falls by 10% and as a result the tax base rises by

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The change in tax revenues can be calculated by multiplying ... View the full answer

Principles of Auditing and Other Assurance Services

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