A Hypsometric Curve Shows That

question 117

Multiple Choice

A hypsometric curve shows that

• A)a little more than 70 percent of the Earth's surface is covered by ocean.
• B)the average ocean depth is sea level.
• C)oceanic trenches occupy about 30 percent of Earth's surface.
• D)the highest mountains on Earth are about a kilometer high.

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Definitions:

Average Tax Rate

The percentage of total income that is paid in taxes, calculated by dividing the total amount of taxes paid by total income.

Capital Gains

The profit realized from the sale of assets or investments that have increased in value over their purchase price.

Non-Eligible Dividends

Dividends that do not qualify for the enhanced dividend tax credit in certain jurisdictions, often associated with smaller businesses.

Average Tax Rate

The proportion of total income that an individual or corporation pays in taxes, calculated by dividing the total tax by the taxable income.