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Recall Application 3, "Is a VAT in our Future?" to answer the following questions.
-Based on what you learned from the application, the VAT is a form of a flat tax.
Unsolicited Proposal
An unsolicited proposal is a pitch or offer made to a potential client or partner without their prior request, often aiming to solve a problem or fulfill a need they may not have identified.
Explanation
The act of making something clear or understandable by describing it in more detail or revealing relevant facts or ideas.
Synopsis or Abstract
A brief summary of the content of a document or presentation, often used to give a quick overview of its main points.
Report
A document that presents information in an organized format for a specific audience and purpose.
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