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Remis was feeling depressed about the bad grade he got on his first psychology exam. Because he had another test to take that day and did not want his unhappiness to affect his later test, Remis started thinking about all the good grades he had received this semester to brighten his mood. This illustrates:
Corporate Sector
The portion of an economy comprised of corporations, including businesses and enterprises, engaged in commercial or industrial activities.
Medicare Tax
A federal payroll tax imposed on both employees and employers to fund Medicare, the United States' health care program for the elderly and some disabled individuals.
Tax Shifting
The process by which the economic burden of a tax is passed from one entity to another, such as from businesses to consumers.
Regressive
In economics, describes a situation or policy that disproportionately affects those with lower incomes or wealth, often referring to certain tax systems.
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