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In the above figure,which of the figures show(s) a relationships between x and y with a positive slope?
Taxable Income
The amount of income that is subject to tax, after all allowable deductions, exemptions, and adjustments.
Average Tax Rate
The ratio of the total amount of taxes paid to the total income, showing the percentage of income paid in taxes.
Progressive Tax
A taxation system where the tax rate increases as the taxable amount (income or profits) increases, making it proportionately more taxing on higher earners.
Income Increases
Refers to a situation where an individual's or entity's earnings grow over a period, leading to higher financial resources.
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