The tax method that uses the principle of taxing those more who earn more is called ________ taxation

A) benefits received
B) payment burden
C) progressive
D) regressive

Answer: C

Business

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Which of the following statements is most likely true regarding the objective-and-task method of budget setting?

A) It forces management to spell out its assumptions about the relationship between the money spent and promotion results. B) It is the simplest and least time consuming method to use. C) It is the least logical budget-setting method. D) It involves setting the promotion budget to match competitors' outlays. E) It wrongly views sales as the cause of promotion rather than as the result.

Business

Which of the following statements about premature death is (are) true?

I. From an economic standpoint, premature means death before a specified age, such as 65. II. The economic problem of problem of premature death in the U.S. has declined substantially over time. A) I only B) II only C) both I and II D) neither I nor II

Business