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Q.

A decrease in tax to GDP ratio of a country indicates, which of the following statements ?

1) Slowing economic growth rate income

2) Less equitable distribution of National income

Select the correct answer using the codes given below

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a

Neither 1 nor 2

b

Only 1

c

Both 1 and 2

d

Only 2

answer is B.

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A decrease in tax to GDP ratio of a country indicates, which of the following statements ?1) Slowing economic growth rate income2) Less equitable distribution of National incomeSelect the correct answer using the codes given below