The Figure Below Shows a Simplified Version of the Current

question 19

Multiple Choice

The figure below shows a simplified version of the current Canadian federal income- tax system. The marginal income- tax rates for the four ranges of income are 15 percent, 22 percent, 26 percent, and 29 percent, respectively. FIGURE 18- 2
-Refer to Figure 18- 2. What must be true of the four marginal income- tax rates in order for the tax to be considered a "flat" tax?

• A) they need to be the same
• B) they need to be smaller
• C) they need to be constant
• D) they need to gradually level out
• E) they need to be zero

---

Definitions:

SWOT Analysis

SWOT Analysis is a strategic planning tool used to identify an organization's Strengths, Weaknesses, Opportunities, and Threats.

Gantt Chart

A visual tool used for project management, showing activities or tasks plotted against time, often used to monitor progress.

Pert Chart

A project management tool that outlines the tasks involved in a project, their sequence, and the time required for each, facilitating the identification of the critical path for project completion.

Market Development

The process of expanding into new markets or segments to increase the reach and sales potential of a company's products or services.