Examlex
A permanent phenotypic variation derived from interaction between genes and the environment during the period of growth and development is called:
Regressive Tax
A tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower-income earners.
Excise Tax
A tax levied on the manufacture, sale, or consumption of certain products or activities, often specific to certain goods like tobacco, alcohol, and fuel.
Deadweight Loss
The loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved.
Consumer Surplus
The contrast between the total price consumers aim and are capable of paying for a good or service and the price they actually pay.
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