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Answer
Hi,
Progressive tax assesses a taxpayer’s ability to pay. Higher rates are on the wealthy than on the poor.
Explanation
Those considered poor according to a country’s definition have families who spend larger shares of their income on the cost of living thus all money they earn is needed to afford basic needs thus face a decreased progressive tax. On the other hand, the progressive tax imposed on wealthy individuals decrease their abilities to purchase more luxury items or invest in stock.
Hope this helps!
Answer:
The correct response will be "Planned markets
".
Explanation:
- Market planning would be a method to coordinate and identify a business's marketing target, as well as to compile plans and techniques to accomplish it.
- This involves regional, market-specific, or company-huge policies outlining activities involved in accomplishing the desired target set within a defined period for something like the business for a long time.