Examlex
Which of the following examples demonstrates what the cognitive model means when it discusses selective abstraction?
Taxable Income
Taxable income is the portion of an individual's or corporation's income used to determine how much tax will be owed to the government.
Tax Revenues
The money obtained by governments as a result of taxation.
Borrowing
The act of obtaining or receiving something on loan with the promise or understanding of returning it or its equivalent.
Social Security Benefits
Payments made to eligible individuals, typically retirees or disabled workers, provided through a government system funded by payroll taxes.
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