Tax rate on higher income group has been increased? What is the economic value?

This question appeared in the board exam of Economics in the year 2014 All India Set-1. The solution to this board paper along with the last 8 years board papers of CBSE for different regions- Delhi, All India and Abroad are available on our site.

Follow the below link and scroll down to Q-29 of Section-B (Macroeconomics).

https://www.meritnation.com/cbse/class12-commerce/board-papers/economics/introductory-microeconomics/cbse-class-12-economics-board-paper-2014-all-india-set-1-solutions/starttest/qaqJrLwfl@wN92P7Td53JQ!!

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