A lump-sum tax, such as a $1000 tax that every family must pay one time, is
A) a type of income tax.
B) an autonomous tax.
C) negatively related to real GDP.
D) a regressive tax.
Answer: B
A lump-sum tax, such as a $1000 tax that every family must pay one time, is
A) a type of income tax.
B) an autonomous tax.
C) negatively related to real GDP.
D) a regressive tax.
Answer: B