A Theory Differs from a Hypothesis in That a Theory

question 29

Multiple Choice

A theory differs from a hypothesis in that a theory

• A) has more supportive evidence than a hypothesis.
• B) is broader in scope than a hypothesis.
• C) has predictive power.
• D) ties together many existing observations.
• E) All answers are correct.

---

Definitions:

Horizontal Equity

The principle of tax fairness that states individuals with similar income and ability to pay should be taxed at the same rate.

Federal Income Tax

A tax levied by the federal government on the annual income of individuals, corporations, trusts, and other legal entities.

Regressive Tax

A tax system where the tax rate decreases as the taxable amount increases, imposing a heavier burden on lower-income individuals.

Proportional Tax

A tax system where the tax rate is fixed and applied uniformly to all taxpayers, regardless of income level.