The ultimate economic burden of a tax is best captured by:
A. The marginal tax rate
B. The effective tax rate
C. The average tax rate
D. The proportional tax rate
E. None of these is correct
Answer: B
The ultimate economic burden of a tax is best captured by:
A. The marginal tax rate
B. The effective tax rate
C. The average tax rate
D. The proportional tax rate
E. None of these is correct
Answer: B