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Picture (Advanced analysis) Refer to the above diagram, in which C3 is the before-tax consumption schedule. The after-tax consumption schedule...

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(Advanced analysis) Refer to the above diagram, in which C3 is the before-tax consumption schedule. The after-tax consumption schedule represented by C2 reflects:
A) a lower MPC than is embodied in C3.
B) a regressive tax system.
C) a proportional tax system.
D) a progressive tax system.

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