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5319650
Taxes and Spending
Description
Economics Chapter 14
No tags specified
american gov`t and econ.
high school diploma
Quiz by
Sierra Stowe
, updated more than 1 year ago
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Created by
Sierra Stowe
about 8 years ago
2
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0
Resource summary
Question 1
Question
"A required payment to a local, state, or national government." Which of the following terms is defined above?
Answer
Revenue
Tax
Tax Base
Tax Structures
Question 2
Question
A proportional tax is the percentage of income paid in taxes that increases as income increases.
Answer
True
False
Question 3
Question
Mandatory spending is spending on certain programs that`s [blank_start]mandatory[blank_end], or [blank_start]required[blank_end], by law.
Answer
mandatory
allowed
discretionary
entitled
excise
additional
required
regressisve
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