One Difference Between Sales and Excise Taxes Is That

question 118

Multiple Choice

One difference between sales and excise taxes is that

• A) sales taxes are only applied at the state level, while excise taxes are only applied at the federal level.
• B) excise taxes apply to a wide range of products, while sales taxes apply only to a select list of products.
• C) sales taxes are calculated as a percentage of the price paid, while excise taxes are levied on a per-unit basis.
• D) excise taxes are calculated as a percentage of the price paid, while sales taxes are levied on a per-unit basis.

---

Definitions:

Chronic Schizophrenia

A severe mental disorder characterized by long-standing symptoms such as hallucinations, delusions, disorganized behavior, and impaired social functioning.

Antipsychotic Medications

Drugs primarily used to manage psychosis, including delusions, hallucinations, paranoia, or disordered thought, distinct from first-generation by including newer agents.

Placebos

Inert substances or treatments used in controlled experiments to test the effectiveness of medical interventions.

Conventional Antipsychotic

Conventional Antipsychotic refers to the first generation of antipsychotic drugs used primarily to treat schizophrenia and bipolar disorder.