According to the Text,how Does Formal Childcare Differ from Informal

question 76

Multiple Choice

According to the text,how does formal childcare differ from informal arrangements?

• A) Formal childcare is paid care.
• B) Formal childcare is subject to government regulation.
• C) Formal childcare occurs outside the child's home.
• D) Formal childcare is always better.

---

Definitions:

Tax Levied

A compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Tax Incidence Analysis

The study of who bears the burden of taxes, in terms of economic impact and how it affects different market participants.

Tax Payment

The process of making payments to a government authority for income earned, sales completed, or property owned.

Tax Revenue

The income that is gained by governments through taxation.