If the (Average)tax Rate Falls by 20% and as a Result

question 39

Multiple Choice

If the (average) tax rate falls by 20% and as a result the tax base rises by 20%,tax revenues will

• A) rise.
• B) decline.
• C) remain unchanged.
• D) There is not enough information given to answer this question.

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Definitions:

Culture Shock

Describes the feeling of disorientation or uncertainty experienced by someone when they are suddenly subjected to an unfamiliar culture, way of life, or set of attitudes.

Non-material Culture

The ideas, beliefs, practices, and values of a society, in contrast to its physical objects and technology (material culture).

Material Culture

The physical objects, resources, and spaces that people use to define their culture, including homes, places of worship, and items of daily use.

Cultural Norms

Established standards of behavior or beliefs that are accepted and expected within a specific culture or society.