Use the Table Below to Choose the Correct Answer

question 110

Multiple Choice

Use the table below to choose the correct answer.

For the income range illustrated, the tax shown here is

• A) regressive.
• B) proportional.
• C) progressive.
• D) progressive up to $30,000 but regressive beyond that.

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Definitions:

Stand-Alone Locations

Specific sites chosen for businesses that operate independently of other firms, often sought after for their visibility and accessibility to customers.

Service Businesses

Companies that primarily sell intangible goods or services rather than physical objects, such as consultancy, repair, and maintenance firms.

Not As Critical

Referring to elements or issues that are less urgent or important in the context of a given discussion or situation.

Gentrification

Gentrification is the process of neighborhood transformation characterized by the renovation of housing, inflow of affluent residents, and displacement of lower-income families and businesses.