Use the Following to Answer Question

question 254

Multiple Choice

Use the following to answer question:
-(Table: Three Tax Structure Proposals) Use Table: Three Tax Structure Proposals.What percentage of income does an individual pay in taxes under proposal 3 if that individual's pretax income is $100,000?

• A)2%
• B)10%
• C)20%
• D)25%

Appreciate the importance of a comprehensive approach in collecting data for needs analysis.

Understand the role of person analysis in identifying training needs.

Recognize the importance of team competencies in training program design.

Identify barriers to effective performance and how training can address them.

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Definitions:

Command System

A method of organizing an economy in which property resources are publicly owned and government uses central economic planning to direct and coordinate economic activities; socialism; communism. Compare with market system.

Laissez-faire Capitalism

An economic system where government intervention in business and markets is minimal, and the forces of supply and demand are allowed to regulate the economy.

Central Planning

A system where economic decisions, such as the allocation of resources, are made by the government or a centralized authority.

Market System

An economic system in which market forces of supply and demand guide the production of goods and services and their distribution.