An Excise Tax Is an Example of a Regressive Tax

question 58

True/False

An excise tax is an example of a regressive tax.

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Definitions:

Operand

An object that is manipulated by an operator in a mathematical operation or expression.

Literal Value

A fixed value explicitly presented in source code, such as numerical constants, character constants, or string literals.

Identifier

A name used in programming to identify variables, functions, classes, modules, and other elements.

Unary Arithmetic Expression

An expression in computer programming that involves an operator and only one operand; examples include increment (++), decrement (--) operations.