A Tax Imposed at Every Stage of Production Is a

question 479

Multiple Choice

A tax imposed at every stage of production is a

• A)value-added tax.
• B)lump sum tax.
• C)corrective tax.
• D)regressive tax.

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Definitions:

Bilateral

Involving two sides, or affecting both sides of the body.

Two Sides

Typically refers to situations, arguments, or objects that have or can be viewed from two distinct perspectives or aspects.

Primi-

A prefix in medical terms variously meaning first or early, often used in conjunction with conditions or statuses related to pregnancy.

Prefix

a syllable or word that is added to the beginning of another word to alter its meaning or create a new word.