When the Tax Structure of a Nation Is Progressive, as Real

question 76

Multiple Choice

When the tax structure of a nation is progressive, as real incomes increase, the tax revenues of the government will

• A) decline.
• B) increase by the same proportion as the increase in real income.
• C) increase by a larger proportion than the increase in real income.
• D) remain unchanged unless legislative action is undertaken.

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Definitions:

Kidney Damage

Harm or impairment of kidney function, which can result from various causes including disease, infection, or physical injury.

Aldosterone

A hormone produced by the adrenal gland that helps regulate blood pressure by controlling sodium and potassium levels in the blood.

High Blood Pressure

A condition where the force of the blood against the walls of blood vessels is consistently too high, leading to health risks.

Sodium

A chemical element with symbol Na and atomic number 11, essential for human health, primarily found in the extracellular fluid.