USE THE FOLLOWING INFORMATION TO ANSWER THE FOLLOWING QUESTION

question 10

Multiple Choice

USE THE FOLLOWING INFORMATION TO ANSWER THE FOLLOWING QUESTION.
Assume that the production chain for an economy is characterized by the following transactions:

-How much more revenue does a 10 percent VAT collect as compared to a 5 percent RST?

• A) $500
• B) $1,100
• C) $0
• D) $600

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Definitions:

Glomerulus

A network of capillaries located in the kidney that filters blood to form urine.

Capillaries

The smallest blood vessels in the body, responsible for the exchange of nutrients and waste materials between the blood and tissues.

Secretion

The mechanism whereby compounds are synthesized and expelled from a cell, gland, or organ, either to fulfill a specific task in the body or to be excreted.

Filtrate

The liquid that has passed through a filter, removing certain particles or substances.