Use the Table Below to Choose the Correct Answer

question 171

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 $20,000 but regressive beyond that.

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Definitions:

Philippine Law

Refers to the legal system in the Philippines which is primarily based on Spanish and American law, with influences from indigenous and other foreign legal systems.

Arbitration Language

The specialized vocabulary and terms used within arbitration proceedings to facilitate effective dispute resolution.

Dumping

The selling abroad of goods at prices lower than the prices of the goods sold domestically in the country of origin.

Special Import Measures Act

Legislation designed to protect Canadian industries from unfair trade practices like dumping and subsidizing.