Adam Smith's Concept of Vertical Equity Is Found in a Tax

question 60

Multiple Choice

Adam Smith's concept of vertical equity is found in a tax rate structure that is

• A)Regressive.
• B)Proportional.
• C)Horizontal.
• D)Progressive.
• E)Economical.

---

Definitions:

Free Radicals

Unstable atoms or molecules that have unpaired electrons, which can cause damage to cells, proteins, and DNA by oxidative stress.

Unstable Molecules

Chemical species with a short existence due to an inability to maintain a stable electronic configuration or structure.

Cells

The basic structural, functional, and biological units of all known living organisms.

Major Causes

Principal factors or conditions that lead to a particular outcome or event.