Sierra Stowe
Quiz by , created more than 1 year ago

Economics Chapter 14

1
0
0
Sierra Stowe
Created by Sierra Stowe almost 8 years ago
Close

Taxes and Spending

Question 1 of 3

1

"A required payment to a local, state, or national government."
Which of the following terms is defined above?

Select one of the following:

  • Revenue

  • Tax

  • Tax Base

  • Tax Structures

Explanation

Question 2 of 3

1

A proportional tax is the percentage of income paid in taxes that increases as income increases.

Select one of the following:

  • True
  • False

Explanation

Question 3 of 3

1

Mandatory spending is spending on certain programs that`s , or , by law.

Drag and drop to complete the text.

    mandatory
    allowed
    discretionary
    entitled
    excise
    additional
    required
    regressisve

Explanation