Define the Following:bar Chart

question 60

Short Answer

Define the following:bar chart

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Definitions:

Diverse Quantity

A variety in the amount or number of items or elements in a set.

Implicit Marginal Tax

The incidental tax effect on an individual’s additional income due to loopholes, deductions, or exemptions in the tax system.

Welfare Benefits

Financial or material support provided by governments to individuals or families in need, typically aimed at reducing poverty and boosting social welfare.

Earned Income

Income derived from active work, including wages, salaries, tips, and other forms of compensation.