Refer to the Above Data

question 71

Multiple Choice

Refer to the above data.If a lump-sum tax (the same tax amount at each level of GDP) of $40 is imposed in this economy, the tax system:

• A)is regressive.
• B)is proportional.
• C)is progressive.
• D)may be either proportional or progressive.

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Definitions:

Combining Form

A word element used to link parts of words together in medical terminology.

Nerve

A group of nervous tissues bound together for the purpose of conducting nervous impulses.

Combining Form

In linguistics and lexicology, a form of a word that combines with another form to create a new word or term, often used in the creation of technical or medical terms.

Egg

An organic vessel containing the zygote in which an embryo develops until it can survive on its own; also, a common food item rich in protein.