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Pradeep Sikarwar • 9.01K Points
Tutor III Economic 

Q. Buoyancy of a tax is defined as

  • (A) Increase in tax revenue/increase in tax base
  • (B) Increase in tax revenue/percentage increase in tax coverage
  • (C) Percentage increase in tax revenue /increase in tax coverage
  • (D) Percentage increase in tax revenue/percentage increase in tax base
Correct Answer - Option(A)

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