There Is a 5 Percent Average Tax on Imported Goods

question 87

Multiple Choice

There is a 5 percent average tax on imported goods in the United States.This tax is known as a(n)

• A) income tax.
• B) sales tax.
• C) tariff.
• D) quota.
• E) importer tax.

---

Definitions:

Stacked Bar Chart

A graphical display of data where several bars are placed on top of one another to represent the total amount broken down into different parts.

Pie Chart

A circular statistical graphic which is divided into slices to illustrate numerical proportion.

Skewed To The Right

A description of a distribution that has a long tail on the right side, indicating that there are a number of observations that are significantly higher than the rest of the data.

Skewed To The Left

Describes a distribution of data where the tail is longer on the left side of the distribution graph, indicating that the bulk of the data points are to the right.