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Critical Thinking Questions Case 4-2 Simone Is Aware That There

question 172

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Critical Thinking Questions Case 4-2 Simone is aware that there are a variety of security tools available for her new computer, but she is not entirely sure which kinds of products she needs for which situations. She asks you for some advice. Simone does her banking with Bank of America and was nervous lately when she began to be the victim of scams in which she was the recipient of official-looking email messages that appeared to be coming from Bank of America but ultimately turned out not to be legitimate. Which of the following can she use to keep this from happening in the future?

Analyze how the elasticity of demand and supply affects the distribution of subsidy benefits.
Evaluate the effects of inelastic supply on the prices of subsidized goods and services.
Determine the implications of various tax rates (marginal, average, progressive, and regressive) on income.
Recognize the effects of progressive, proportional, and regressive taxes on different income levels.

Definitions:

Houston, Texas

The fourth-largest city in the United States, known for its significant contributions to space exploration, energy industry, and diverse cultural landscape.

Harlem Hellfighters

The Harlem Hellfighters were an African-American infantry unit in WWI that gained fame for their bravery and the significant role they played in the war, despite facing racism and discrimination.

Infantry Regiment

A military unit, typically consisting of soldiers who fight on foot, equipped for ground combat.

United States Infantry

The branch of the U.S. Army trained for ground combat operations, engaging in battle primarily on foot.

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