Which of the Following Statements About a Value Added Tax

question 85

Multiple Choice

Which of the following statements about a value added tax (VAT) is false?

• A)Many countries use a VAT.
• B)The United States has imposed a VAT since 1913.
• C)A VAT has been proposed in the United States to replace part of the income tax.
• D)A VAT operates similarly to a sales tax.

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Definitions:

Neurons

Specialized cells in the nervous system that transmit electrical and chemical signals.

Local Anesthesia

A type of anesthesia used to numb a specific area of the body to prevent pain during surgical procedures or tests.

Sympathetic Nervous System

Part of the autonomic nervous system that activates the body's fight or flight response.

Endocrine System

A collection of glands that produce hormones which regulate metabolism, growth and development, tissue function, sexual function, reproduction, sleep, and mood, among other things.