Exemption of food purchases from a sales tax reduces


Exemption of food purchases from a sales tax reduces regressively because:

a. the percent of income spent on food generally falls as family income is higher.

b. total food purchases decline as income rises.

c. low income families spend more money on food than do high income families.

d. food exemption does not reduce regressively.

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Financial Management: Exemption of food purchases from a sales tax reduces
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