The Value-Added Tax Is

question 46

Multiple Choice

The value-added tax is

• A) similar to an ad valorem tax on imports.
• B) a form of direct taxation on corporate income.
• C) a form of national sales tax.
• D) none of the above.

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Definitions:

Consensus Information

Information or belief that is widely accepted and agreed upon by a majority of members within a particular group or community.

External Attribution

Assigning the cause of one's own or another's behavior to external factors or situations beyond the individual's control.

Kelley's Terminology

Refers to concepts and nomenclature introduced by psychologist Harold Kelley, particularly in relation to attribution theory.

Distinctiveness Information

Information that highlights how an object, individual, or event is different from others, enhancing memory and perception.