What Are the Names of the Factor Payments

question 106

Multiple Choice

What are the names of the factor payments?

• A)Consumption spending and investment spending.
• B)Wages and profits.
• C)Wages,interest,and profits.
• D)Wages,interest,rent,and profits.

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Definitions:

Tax Cuts

Reductions in the amount of taxes that individuals or corporations must pay to the government.

Proportional

Proportional describes a relationship or ratio that maintains the same relative size or aspect between items or variables.

Regressive

Refers to a tax system in which the tax rate decreases as the taxable amount increases, often placing a heavier burden on low-income earners.

Progressive

A political and social philosophy advocating for reforms that aim to reduce inequality, improve social justice, and enhance welfare.