A(n) ____ Is a Numeric Variable Used for Adding Together

question 5

Multiple Choice

A(n) ____ is a numeric variable used for adding together something.

• A) collector
• B) counter
• C) accumulator
• D) initializer

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Definitions:

Price Elasticity

A parameter for gauging the response of demand to price variations of a product.

Excise Tax

A tax levied on the sale or consumption of specific goods or services, such as alcohol, tobacco, and gasoline.

Taxable Income

The amount of an individual's or corporation's income used to determine how much tax is owed to the government.

Progressive Income-tax

A tax system where the tax rate increases as the taxable amount increases, typically imposing higher taxes on higher income earners.