It Is _______ to Miss a Bus by Five Minutes

question 94

Multiple Choice

It is _______ to miss a bus by five minutes than to miss it by an hour because _______.

• A) more distressing; images of the people waiting for you are more available in memory
• B) less distressing; you feel good that you almost made it
• C) more distressing; it's easier to imagine what you might have done to catch the bus
• D) less distressing; it's easier to imagine what you might have done to catch the bus
• E) less distressing; you don't have to wait as long for the next bus

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Definitions:

Automatic Extension

An allowance by the IRS that gives taxpayers an additional period to file their tax returns without penalty.

Tax Return

A document filed with a tax authority that reports income, expenses, and other relevant financial information, used to calculate tax liability.

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicating the rate of tax applied to their highest level of income.

Progressive Rate

A tax system in which the tax rate increases as the taxable income increases.