____________________ Means That You Define an Object to Contain Both

question 6

Short Answer

____________________ means that you define an object to contain both the data and its associated actions.

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Definitions:

Progressive Tax

A tax system where the tax rate increases as the taxable amount increases, typically aimed at redistributing wealth more equitably.

Value-Added Tax (VAT)

A type of tax that is applied incrementally at each stage of production and distribution on the value added to goods and services.

Retail Sales Tax

A tax on the sale of goods and services that is usually calculated as a percentage of the purchase price and collected by the retailer.

Payout Rates

The percentage of earnings or profits that a company distributes to its shareholders as dividends.