Buoyancy of a tax is defined as

+2 votes

asked Aug 24, 2018 in Class 11 by kratos

(a) percentage increase in tax revenue/percentage increase in tax base

(b) increase in tax revenue/ percentage increase in tax coverage

(c) increase in tax revenue/increase in tax base

(d) percentage increase in tax revenue/ increase in tax coverage

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+1 vote

answered Jan 28, 2021 by kratos

Best answer

(c) increase in tax revenue/increase in tax base