Recall the Application That Questions If the United States Can

question 47

Multiple Choice

Recall the Application that questions if the United States can or should adopt a value-added tax (VAT) to answer the following question(s) . The value-added tax is essentially a sales tax that is levied on each stage of production. Firms pay the value added tax on their sales and then receive a credit for value-added taxes paid by their suppliers. Unlike a sales tax, the value-added tax is embedded in the price of goods.
-According to this Application, ________ developed countries and ________ developing countries have a value-added tax.

• A) virtually all; many
• B) very few; most
• C) most; very few
• D) very few; very few

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Definitions:

Wernicke's Area

A region of the brain associated with the comprehension of language, located in the posterior section of the superior temporal gyrus in the dominant hemisphere.

Language Comprehension

The ability to understand spoken, written, or signed language.

Speech Production

The process by which humans produce sounds that combine to form language, involving respiratory, phonatory, articulatory, and neural mechanisms.

Organizing Ideas

The process of structuring and arranging thoughts or concepts to make them more understandable and logical.