Question : In the context of workers' movements, the term "collective bargaining" refers to:

Option 1: The process of negotiating wages and working conditions between employers and a group of employees

Option 2: The collective decision-making process within a workers' cooperative

Option 3: The strategy of pooling resources among workers to invest in business ventures

Option 4: The collective action taken by workers to demand political reforms

Question : What is a flat tax?

Option 1: A tax system where everyone pays the same percentage of their income

Option 2: A tax system where only the wealthy pay taxes

Option 3: A tax system where only the poor pay taxes

Option 4: A tax system where corporations pay taxes

Question : What is a progressive tax?

Option 1: A tax system where the rich pay a higher percentage of their income than the poor

Option 2: A tax system where the poor pay a higher percentage of their income than the rich

Option 3: A tax system where everyone pays the same percentage of their income

Option 4: A tax system where corporations pay taxes

Question : What is a regressive tax?

Option 1: A tax system where the poor pay a higher percentage of their income than the rich

Option 2: A tax system where everyone pays

Option 3: A tax which tends to decrease as income increases

Option 4: A tax system where the rich pay a higher percentage of their income than the poor

Question : Which of the following may be classified as a 'Pigouvian tax'?

Option 1: Income tax

Option 2: Carbon tax

Option 3: Corporate tax

Option 4: Long term capital gain tax