A VAT (Value Added Tax)

question 37

Multiple Choice

A VAT (value added tax) :

• A)Is not regressive in its effect.
• B)Has proved quite popular outside of the U.S.
• C)Is not a tax on consumption.
• D)Is used exclusively by third world (less developed)countries.
• E)None of the above.

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Definitions:

Axillary Bud

Bud located in the axil of a leaf.

Bud Scale

A small protective covering over a bud that shields it from the elements and pathogens.

Casparian Strip

Layer of impermeable lignin and suberin bordering four sides of root endodermal cells; prevents water and solute transport between adjacent cells.

Vascular Cylinder

In eudicots, the tissues in the middle of a root, consisting of the pericycle and vascular tissues.