Examlex
Which of the following are common characteristic of the OTCBB market?
I.low stock prices
II.dual listings with NASDAQ
III.high percentage price changes
IV.thinly traded securities
Progressive
Referring to policies or tax rates that increase proportionally with the ability to pay, targeting a higher burden on wealthier entities or individuals.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good, often used to understand the sensitivity of demand in relation to price changes.
Excise Tax
A form of taxation applied on certain goods, services, or activities, often included in the price of products like gasoline, alcohol, and tobacco.
Incidence
The measurement or frequency of occurrence, often used in the context of the distribution of a tax burden.
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