Which of the following is an example of a regressive tax?
A) property tax
B) income tax
C) flat tax
D) sales tax
E) All taxes are regressive taxes.
D
You might also like to view...
Development of a mass market is the stimulus for an industry to change from growth to embryonic.
Answer the following statement true (T) or false (F)
Budgetary slack can be avoided if lower and mid-level managers are requested to support all of their spending requirements with specific operational plans
Indicate whether the statement is true or false
The laborers at Lillon Fabrics are paid on a daily-wage basis. When the employee union announces a strike that involves cessation of work, one of the employees, Lina, is hesitant to participate, as it would mean her employer withholding her pay
Which of the following is true of this case? A) Lina must participate in the strike as participation in all union activities is mandatory for the employees. B) Lina need not participate in the strike. C) Lina's employer is obligated to pay her even if she ceases to work and join the strike. D) Lina must find a replacement employee before joining the strike.
Which of the following would be the most effective statement in a bad-news letter declining an invitation to speak to a professional organization?
A) Although I'm already booked the night of your dinner, I would be happy to speak to your organization sometime next year. B) I regret to inform you that I am unable to speak to your professional organization. C) I'm not interested in addressing your professional organization. D) Although I'm not authorized to tell you why, I can't speak at your dinner.