Examlex
____ misalignment occurs when the two shafts are parallel to each other but the face of the pulleys or sprockets are not on the same axis.
Average Tax Rate
The fraction of total income that is paid as taxes, calculated by dividing the total tax amount by the total income.
Progressive
Progressive, in an economic context, refers to a taxation or policy structure where the tax rate increases as the taxable base amount increases, often aimed at reducing income inequality.
Government Lotteries
A form of gambling operated by a state or government, often to raise funds for public projects.
Tax Revenues
The income that is received by the government from taxation.
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