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In This Chapter,the Authors Suggest You Memorise Which Words to Avoid

question 12

Multiple Choice

In this chapter,the authors suggest you memorise which words to avoid business failure?


Definitions:

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Social Security

A government program that provides financial assistance to people with little or no income, including retirement, disability, and survivor benefits.

Regressive

A tax system where the tax rate decreases as the taxable amount increases.

Purchasing Power

The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.

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