An Increase in Deductions,exemptions,and Credits in the Tax Code Will

question 91

Multiple Choice

An increase in deductions,exemptions,and credits in the tax code will

• A)Reduce the tax base.
• B)Allow lower rates to raise the same tax revenues.
• C)Induce economic activity to go underground.
• D)Increase the marginal tax rate.

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Definitions:

Ground Wire

An electrical safety wire that provides a path for electrical current to safely earth in case of a fault, helping to prevent electric shock.

Patch Panel

A hardware device featuring multiple socket ports to connect and manage incoming and outgoing LAN cables.

UPS

Uninterruptible Power Supply, a device that provides emergency power to a load when the input power source fails.

Wake-on-LAN

A networking standard that allows a computer to be turned on or awakened from sleep mode by a network message.