Excise Taxes

question 159

Multiple Choice

Excise taxes

• A)are aimed at a specific good or service.
• B)are aimed at a wide range of products.
• C)are direct taxes.
• D)are generally progressive in nature.

---

Definitions:

Consumer Needs

The recognized necessities or desires that prompt individuals to purchase products or services.

Maslow's Hierarchy

A psychological wellness theory based on satisfying inherent human necessities in a sequential order, ultimately leading to self-actualization.

Drive-Thru

A service model allowing customers to purchase products or receive services without leaving their vehicles.

Involvement

The degree of interest and engagement an individual has in a particular activity, issue, or object.