Answer:
False
Explanation:
Dumping is a common term in the context of international trade. It occurs when international trade involving export of goods from a country are characterized by goods cheaper than goods in the importing country. This is done mainly to drive out competition in the importing country and create some kind of monopoly for the exporting country. Typically it involves substantial export volumes of a product, and often endangers local businesses in the importing nation.
The federal personal income tax is an example of a progressive tax.
<u>Explanation:</u>
- A progressive tax is defined as the taxable amount increases when the tax rate increases. The term progressive is known as the increase from low to high.
- A person's marginal tax is high when compared to the taxpayer's average tax rate.This progressive tax will tend the people who have a lower ability to pay will pay less and who are the higher ability of pay will pay high.
- To know that clearly, it is the personal income tax. People with lower income will pay less tax and people with higher income will pay high taxes
- Britain Prime Minister William Pitt the Younger was introduced the first modern income tax.
Answer: The correct answer is : B. Laboratory experiments do not generally reflect real-life circumstances.
Explanation: One of the advantages of laboratory experiments is that cause-effect relationships are easier to consider. In a laboratory the independent variables are manipulated by the experimenters.
