Which of the Following Are NOT Generally Considered to Be

question 24

Multiple Choice

Which of the following are NOT generally considered to be an example of regressive taxes or fees?

• A) sales taxes
• B) property taxes
• C) auto registration and inspection fees
• D) income taxes
• E) excise taxes on alcohol and cigarettes

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Definitions:

Cash Flow Analysis

A detailing of how money comes in and how money goes out over a fixed period of time.

Budget

An estimate of income and expenditure for a set period of time.

Budget Line Equation

An economic model that represents all combinations of goods and services that a consumer may purchase given current prices within their income level.

Entertainment Budget

An estimate of the money allocated for leisure and entertainment activities within a certain period.