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A giant star in another galaxy exploded 67 million years ago, forming a supernova. The event is observed by an astronomer on Earth. Estimate the speed at which the supernova (and its galaxy) recedes from Earth if the Hubble constant is 22 km/s per million light-years. (c = 3.00 × 108 m/s, 1 ly = 9.461 × 1015 m, 1 y = 3.156 × 107 s)
Progressive Tax
A tax system where the tax rate increases as the taxable amount or income grows, aiming at a fairer distribution of wealth.
Tax Rates
The percentage at which an individual or corporation is taxed by the government.
Entrepreneurial Income
Income generated from running a business, taking into account the risks and rewards of entrepreneurship.
Opportunity Cost
The financial impact of rejecting the subsequent optimal choice when deciding.
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