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Lostsunrise [7]
3 years ago
15

Which of the following statements about federal students loans is true?

History
1 answer:
mafiozo [28]3 years ago
3 0
A. The statement that is true about federal student loans would be that the interest rate on your loan will be fixed over time. Hope this answers the question. Have a nice day.
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1. Progressive taxation: Citizen A pays 20% on $50,000 and Citizen B pays 15% on $36.000.

2. Proportional taxation: Citizen A pays 10% on $50,000 and Citizen B pays 10% on $36,000.

3. Regressive taxation: Citizen A pays 15% on $50,000 and Citizen B pays 20% on $36,000.

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Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

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3. Regressive taxation: it involves charging individuals with low incomes a higher percentage of their total income and vice-versa.

For instance, Citizen A pays 15% on $50,000 and Citizen B pays 20% on $36,000.

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