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  • Is Curve

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    Jatin Chhabria
    7 views1 page
    In the above graph I is tax rate and Y is income. When Government increase the tax rate from i0 to i1 the disposable income decreases and thus income shifts from Y0 to y1.

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    Is curve

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    In the above graph I is tax rate and Y is income. When Government increase the tax rate from i0 to i1 the disposable income decreases and thus income shifts from Y0 to y1.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views1 page

    Is Curve

    Uploaded by

    Jatin Chhabria
    In the above graph I is tax rate and Y is income. When Government increase the tax rate from i0 to i1 the disposable income decreases and thus income shifts from Y0 to y1.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    In the above graph i is Tax rate and Y is income. Y0 and i0 are initial income and interest rate respectively.

    When Government increase the tax rate from i0 to i1 the disposable income decreases and thus income shifts from Y0 to Y1.

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