Unit Test — Unit test Answers

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A sales tax is a type of

progressive tax.

indirect tax.

proportional tax.

direct tax.

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Which statement is an example of post-secondary education?

core classes such as math and English that one takes in high school

vocational classes such as marketing or computer-aided design that one may take in high school

a class in a specific computer application or language that one may take to advance in a career

a dance class that one takes after retiring for enrichment and enjoyment

Sales tax is calculated

based on the number of items purchased.

using a percentage of the price of an item.

before a sale discount is applied.

as a percentage based on federal law.

Changes in monetary policy have the greatest effect on

income tax rates.

service fees and expenses.

demand for investments.

government spending.

An investment with a stable and predictable history will most likely have

no risk.

low risk.

medium risk.

high risk.

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