Which of the Following Is an Example of a Progressive

question 46

Multiple Choice

Which of the following is an example of a progressive tax?

• A)Social Security payroll tax.
• B)A local sales tax.
• C)The federal income tax.
• D)An excise tax.

---

Definitions:

Total Product Curve

A graphical representation showing how the quantity of output varies with changes in the quantity of a single input, holding all other inputs constant.

Average Cost Curves

Graphs that depict how the average cost of production per unit changes as the scale of production increases or decreases.

Patent

A legal document granted by the government conferring the right to exclude others from making, using, or selling an invention for a specified period.

Trademark

A recognizable sign, design, or expression which identifies products or services of a particular source from those of others.