Which Forecasting Technique Is Similar to Ratio Analysis in That

question 3

Multiple Choice

Which forecasting technique is similar to ratio analysis in that it assumes productivity remains much the same?

• A) Regression analysis
• B) Trend analysis
• C) The nominal group technique
• D) Time-series analysis
• E) A scatterplot

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Definitions:

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicating the percentage of additional income that is paid in tax.

Efficiency

The optimal use of resources to achieve the best possible outcome or output with minimal waste.

Equity

Equity refers to fairness or justice in the way people are treated and involves ensuring equal opportunities and rights for all individuals.

Benefits Principle

A theory in taxation where taxes are apportioned according to the benefits received by taxpayers; those who benefit more from government services, pay more taxes.