A Progressive Tax Is One Where the Percentage Charged on Income

question 218

Multiple Choice

A progressive tax is one where the percentage charged on income ______________ as income increases.

• A)increases and then decreases
• B)is constant
• C)decreases
• D)increases

---

Definitions:

Consumer Product Category

Consumer product category refers to a classification of similar products or services offered to consumers that serve a similar purpose or satisfy a specific consumer need.

Distribution

The process of making a product or service available for the consumer or business user that needs it, including transportation, warehousing, and delivery.

Logistics

Refers to the detailed coordination and implementation of complex operations involving the supply chain, from procurement to distribution.

Supply Chain Management

The management of the flow of goods and services, involving the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.