Illiteracy and Poor Diets Have Been Known to Cost Countries

question 57

Multiple Choice

Illiteracy and poor diets have been known to cost countries up to what percent of their productivity?

• A) 2%
• B) 5%
• C) 10%
• D) 20%
• E) 50%

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Definitions:

Profit Margin

The percentage of revenue that remains after all operating expenses, taxes, and costs have been deducted from total sales.

Net Income

The final amount a company keeps as profit after deducting all costs and taxes from its gross revenue.

Marginal Tax Rate

The rate of tax imposed on your income, corresponding to each applicable tax bracket.

Average Tax Rate

Total taxes paid divided by total taxable income.