An Ad Valorem Tax

question 38

Multiple Choice

An ad valorem tax:

• A) is a fixed dollar amount that must be paid on each unit bought or sold.
• B) is a tax that is stated as a percentage of the good's price.
• C) is a tax that is stated as a percentage of the good's price, which increases as quantity bought increases.
• D) is a tax that is only paid by producers.

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Definitions:

Two-Spirits

A term used by some Indigenous North American cultures to describe a person who embodies both masculine and feminine spirits.

Shamans

are individuals believed to have access to, and influence in, the world of benevolent and malevolent spirits, often within indigenous and tribal societies.

Third Gender

represents a category used in societies that recognize individuals who do not fit conventional male or female gender roles.

Sacred Beings

Entities regarded with great spiritual reverence, often considered divine or holy in various religious or spiritual beliefs.