Your First Step Will Be to ____

question 739

Multiple Choice

Your first step will be to ____.

• A) display the Insert Hyperlink dialog box
• B) click the 'Place in This document' button
• C) navigate to the table of contents and select the text you want to make a link
• D) manually insert page breaks

---

Definitions:

Laffer Curve

A representation of the relationship between rates of taxation and the resulting levels of government revenue that illustrates there can be an optimum tax rate that maximizes revenue.

Tax Revenues

The income that is collected by governments through taxation.

Progressive Tax

A tax in which the average tax rate rises with income. People with higher incomes will pay a higher percentage of their income in taxes.

Proportional Tax

A tax in which the average tax rate is the same at all income levels. Everyone pays the same percentage of income in taxes.