The Following Is a Characteristic of Indirect Tax -

question 18

Multiple Choice

The following is a characteristic of indirect tax -

• A)the impact and incidence are not on the same person.
• B)it is levied on income.
• C)taxes are progressive in nature.
• D)all of the above

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Definitions:

Long-term Memory

The phase or type of memory responsible for the storage of information over an extended period.

Short-term Memory

The part of the memory system where information is stored for a brief period, typically a few seconds to a minute.

Working Memory

A cognitive system responsible for temporarily holding information available for processing, critical for reasoning, guidance of decision-making, and behavior.

High School Students

Adolescents who are enrolled in grades nine through twelve in the schooling system.