A Tax Is Regressive If It Collects A

question 12

Multiple Choice

A tax is regressive if it collects a:

• A) larger amount as income rises.
• B) constant amount as income rises.
• C) smaller fraction of income as income falls.
• D) smaller fraction of income as income rises.

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Definitions:

Harmony

A pleasant combination or arrangement of different things that provides a consistent, orderly, or pleasing outcome, often used in relation to music or interpersonal relationships.

Extended Families

Family groups that extend beyond the nuclear family and include grandparents, aunts, uncles, and other relatives living in the same household or nearby.

Asians

Refers to people from the continent of Asia, encompassing a wide range of cultures, languages, and countries.

Africans

Refers to individuals from or associated with the continent of Africa, known for its rich diversity in cultures, languages, and historical backgrounds.