A progressive tax is a tax which causes the situation that the rich contribute more to the finances of the country than the poor - this means that the more one earns, the more one also pays in taxes. The correct answer is: d. Under a progressive tax, those with more income shoulder more of the tax burden.
I believe the answer is c) situational variables
An example of a trade-off that an investor faces is risk.
<h3>What is a
trade-off?</h3>
This refers to a situation where a choice means losing another option or forgoing a benefit or opportunity for another
The typical investor's trade-off includes risk, return and liquidity on an investment.
Therefore, a typical example of a trade-off that an investor faces is risk on a investment.
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Appeals are decided by panels of three judges. The court of appeals does not receive additional evidence or hear witnesses; rather the judges make their decision based on the written record of the case in the trial court, the briefs submitted by the parties, and possibly oral argument.