Answer:
Equity(fair).
Explanation:
Tax cut in usual term is demonstrated as the rebate or reduction in the tax rate paid by the citizens to the government. Tax cuts are often considered as controversial political issue as some of the politicians assert that these cuts tend to serve more as a gain for the higher-income as compared to the lower-income groups which economists would categorize as a step taken in regard to establish the 'equity' among the tax rates. Because it becomes quite impartial or unfair to charge a higher tax rate from the higher-income groups and lesser from the lower-income groups. Therefore, the step is in regard to 'equity'.
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Answer:
Inductive reasoning
Explanation:
Inductive reasoning and deductive reasoning both are opposite to each other. Inductive reasoning generalized from specific to general viewpoints. For instance, there is data and from data, there is find out a conclusion. Inductive reasoning also called logical reasoning.
Inductive reasoning has an important place in scientific methods. It is used basically to conduct hypotheses and theories.
Thus in the above statement, Rose used the inductive reasoning in picking a rose chocolate biscuit from the jar.
The correct answer would in fact be A.
The marginal theory of value takes account of both scarcity and desirability by holding that, the total value of a good depends on the utility rendered by the last unit consumed.
Answer: utility.
