"In the Space Below,please Write Down Your Three Favorite Flavors

question 6

Multiple Choice

"In the space below,please write down your three favorite flavors of ice cream" is an example of what type of question?

• A)scaled response
• B)dichotomous
• C)open ended
• D)closed ended
• E)none of the above

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Definitions:

Tax Policy

Refers to the principles and proposals governments use to design and implement taxes, affecting economic behavior, distribution of income, and fund public expenditures.

Income Quintile

A statistical measure dividing the population into five equal groups according to their income level to analyze economic inequality.

Lump-Sum Tax

A tax that is a fixed amount, not varying with the taxpayer’s income level or expenditure, making it independent of the taxpayer’s behavior.

Excise Tax

An excise tax is a tax charged on specific goods and services, such as gasoline, cigarettes, and alcohol, typically to discourage their use or generate revenue.