In a Progressive Tax Structure

question 35

Multiple Choice

In a progressive tax structure:

• A)both the tax rate and absolute tax amount increases with increase in income.
• B)the tax rate remains constant,but the absolute tax amount increases with increase in income.
• C)both the tax rate and absolute tax amount declines with increase in income.
• D)the tax rate falls,but the absolute tax amount increases with increase in income.
• E)the tax rate increases,but the absolute tax amount decreases with increase in income.

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Definitions:

Correlation

A numerical indicator showing how much two or more factors vary in unison.

Variables

In research, these are elements or factors that can change and affect the outcome of a study, and they can be manipulated or measured.

Relationship

A connection, association, or involvement between two or more entities, often studied in social sciences to understand interactions.

Criterion Variable

The outcome variable that is predicted based on one or more predictor variables in regression analysis.