The More That Clayton Earns, the Higher Is His Average

question 189

Multiple Choice

The more that Clayton earns, the higher is his average tax rate. Clayton faces a ________ income tax.

• A) regressive
• B) proportional
• C) progressive
• D) flat-rate

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Definitions:

Non-Deceptive

Characterized by honesty and transparency, without intent to mislead or trick.

Federal Trade Commission

A U.S. federal agency established to protect consumers and promote competition by preventing anticompetitive, deceptive, and unfair business practices.

Truth In Advertising

A legal concept that obligates advertisers to be honest about their products and services in their communications.

Penalties

Consequences or sanctions imposed for violating rules, laws, or agreements.