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Monica received good grades in previous math and science courses and attributes her success to her hard work in the classes. She is hoping to go to medical school in the future. Based on the expectancy-value theory, Monica is not any more likely to sign up for difficult science courses in high school and college than her female peers.
Tax
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
Unit Good
A single item or instance of a product that is produced by a firm or available for sale in markets.
Tax Burden
The measure of taxes that an individual or a business must pay in relation to their income or profit.
Buyer
The individual or entity that purchases goods or services from a seller for money or other consideration.
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