A Regressive Tax

question 143

Multiple Choice

A regressive tax

• A) taxes individuals with higher incomes at a higher rate than individuals with lower incomes.
• B) takes a similar percentage of income at all income levels.
• C) takes a higher percentage of the income of those with lower incomes than for those with higher incomes.
• D) taxes savings at a higher rate than consumption.

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Definitions:

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A condition where the thyroid gland is overactive, producing excessive amounts of thyroid hormones, leading to an accelerated metabolism and various health issues.

Elevated Heart Rate

An increased rate of heartbeat above the normal resting rate.

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Electrocardiogram

A test that records the electrical activity of the heart over a period of time using electrodes placed on the skin. It's used to detect heart conditions.