Discretion Is Defined as the Ability to ______

question 76

Multiple Choice

Discretion is defined as the ability to ______.

• A) make choices and to act or not act on them
• B) distinguish between right and wrong
• C) make informed decisions on the basis of ideology and folk-knowledge
• D) make ill-informed choices that are not based on experience

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Definitions:

Interest Income

The revenue earned from deposit accounts or investments through the interest payments received.

Average Tax Rate

The ratio of the total amount of taxes paid to the total tax base (taxable income or spending), representing the fraction of income or expenditure used to pay taxes.

Taxable Income

The amount of income used to calculate how much the taxpayer owes in taxes to the government.