Seven Cards Are Chosen at Random from a Standard Deck $1716$

question 12

Multiple Choice

Seven cards are chosen at random from a standard deck of playing cards. In how many ways can the cards be chosen if all seven cards are spades.

• A) \(1716\)
• B) \(33,446,140\)
• C) \(4\)
• D) \(5040\)
• E) \(26,545\)

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Definitions:

Income Tax Liability

The amount of tax that an individual or entity is legally obligated to pay to a tax authority, based on their income.

Vertical Equity

A principle of taxation that suggests taxpayers with a higher ability to pay should contribute more in taxes than those with a lesser ability to pay.

Horizontal Equity

The principle that individuals with equal ability to pay should face equal tax burdens.

Marginal Tax Rates

The tax rate that applies to the next dollar of taxable income.