Which of the Following Is an Example of a Regressive

question 23

Multiple Choice

Which of the following is an example of a regressive tax?

• A) Federal income tax.
• B) State and local taxes levied on property.
• C) Sales tax.
• D)Social security tax.

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Definitions:

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of the good that suppliers are willing and able to supply.

Agricultural Workers

Individuals engaged in farming, cultivating land, and harvesting crops or livestock, often working in varying conditions.

Bad Weather

Unfavorable or destructive atmospheric conditions, including storms, heavy rain, snowfall, hurricanes, or extreme temperatures.

Production Tax

A tax imposed by governments on the production, sale, or use of goods and services within their jurisdiction.