Decide Whether or Not the Modulo System Forms a Group

question 40

Multiple Choice

Decide whether or not the modulo system forms a group.
-{0, 1, 2, 3, 4, 5, 6, 7}; addition modulo 8

• A) Group
• B) Not a group

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Definitions:

Double-Taxation

The taxation of the same income or financial transaction at two different levels, such as corporate profits and then again when distributed as dividends to shareholders.

Saving

Saving refers to the portion of income that is not spent on current consumption but preserved for future use, often by depositing in banks or investing.

Lower Incomes

Refers to the segment of the population or individuals who earn comparatively less money relative to the median income.

Private Saving

The income that households have left after paying for taxes and consumption.