Which of the Following Statements Is Correct

question 21

Multiple Choice

Which of the following statements is correct?

• A)Vertical equity is the idea that taxpayers with similar abilities to pay taxes should pay the same amount.
• B)Horizontal equity is the idea that taxes should be levied on a person according to how well that person can shoulder the burden.
• C)A regressive tax would mean that high-income tax payers pay a larger fraction of their income in taxes than would low-income taxpayers.
• D)A proportional tax would mean that high-income and low-income taxpayers pay the same fraction of income in taxes.

---

Definitions:

Case Study

A case study is a research method that involves an in-depth investigation of a single case or instance, often used in psychology, sociology, and other social sciences.

Physiological Changes

Alterations in the body's normal biological function or structure that occur as a result of aging, disease, or environmental factors.

Naturalistic Observation Method

An investigative technique where individuals are watched in their natural surroundings without interference from the investigator.

Experimental Method

A research method involving the manipulation of variables to test hypotheses and determine cause-and-effect relationships in a controlled environment.