Examlex
Actively open-minded thinking refers to thinking that is flexible and open to questioning.
Federal Taxation
The system by which the federal government of a country levies taxes on individuals and corporations to fund its operations.
Inelastic
Describes a situation where the demand or supply of a good or service is relatively unresponsive to changes in price.
Excise Tax
A tax levied on specific goods, services, or transactions, often included in the price of the product, such as alcohol, tobacco, and gasoline.
Borne
The bearing or enduring of costs, responsibilities, or consequences by an entity, often in the context of who ultimately pays for or suffers from economic decisions.
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