Political stagnation and public dissatisfaction.
The rate of 40 percent will be used for the highest earners in Country X pay in taxes.
<h3>What is a progressive taxation?</h3>
This method of taxation involves use of higher tax rates for those who earns higher income or more wealth,
Hence, the rate of 40 percent will be used for the highest earners in Country X pay in taxes.
Therefore, the Option D is correct.
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Answer: D. Drawing erroneous conclusions based on cognitive or motivational biases
Explanation:
Intuition is the person's ability to generate self presumed thoughts based on limited available knowledge, without observation, logic or reason. It is also called as the gut feeling. This kind of thinking is the outcome of the cognitive and motivational biasness as the person get involved and encouraged to think in the particular lines or order. This is opposite to what actually happens in the reality and what is actually factual.