1 Point
Which group tends to be hurt the most by the taxes shown in this graph?
2004 Average State and Local Tax Rates by
Income Percentage Group
100.0%
750%
50.0%
250%
0.0%
Bottom 20th 21-40th 41-60th 61-80th 80-94th 95-99th
percentile percentile percentile percentile percentile percentile
Top
1%
O A. The poor
O
O
B. The wealthy
O
C. The middle class
O
D. The lower middle class
PREVIOUS

disequilibrium means that either supply is greater than the demand for an available good, or that the demand for a product outstrips the available supply. it implies that the price for a is either too low creating large demand, or too high creating a large surplus of supply.

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