Match Each Term with the Correct Statement Below

question 33

Multiple Choice

Match each term with the correct statement below.
-Wanting to get things done.

• A)mentoring
• B)transformational leader
• C)empower
• D)innovate
• E)persistence
• F)continuous improvement
• G)emotional intelligence
• H)autocratic leader
• I)situation leader
• J)incremental change
• K)sensitivity
• L)self-confidence
• M)charismatic leader
• N)integrity
• O)ambition

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Definitions:

Progressive Tax

A tax system where the tax rate increases as the taxable amount increases, typically aimed at ensuring higher earners pay a larger percentage of their income in taxes.

Regressive Tax

A tax imposed in such a way that the tax rate decreases as the amount subject to taxation increases, burdening lower-income individuals relatively more than higher-income ones.

Direct Tax

Taxes paid directly to the government by the taxpayer, such as income tax.

Indirect Tax

A tax collected by an intermediary (like a retailer) from the person who bears the ultimate economic burden of the tax (like the consumer). Examples include sales tax and VAT (Value Added Tax).