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What tool would the government use to fight a recession?
address any inflation issues.
taxes
spending
Social Security
Sales Tax
takes a larger portion from lower incomes
increase government spending and lower taxes
regressive and proportional
What is an expenditure?
address any inflation issues.
taxes
spending
Social Security
Sales Tax
takes a larger portion from lower incomes
increase government spending and lower taxes
regressive and proportional
A tax tends to regressive when it
address any inflation issues.
taxes
spending
Social Security
Sales Tax
takes a larger portion from lower incomes
increase government spending and lower taxes
regressive and proportional
Select the answer that is BOTH a revenue sources and an expenditure.
address any inflation issues.
taxes
spending
Social Security
Sales Tax
takes a larger portion from lower incomes
increase government spending and lower taxes
regressive and proportional
Which type of tax is collected by TWO levels of government?
address any inflation issues.
taxes
spending
Social Security
Sales Tax
takes a larger portion from lower incomes
increase government spending and lower taxes
regressive and proportional
What is an example of revenue?
address any inflation issues.
taxes
spending
Social Security
Sales Tax
takes a larger portion from lower incomes
increase government spending and lower taxes
regressive and proportional
Which 2 types of tax are sales tax?
address any inflation issues.
taxes
spending
Social Security
Sales Tax
takes a larger portion from lower incomes
increase government spending and lower taxes
regressive and proportional
During an expansion phase. the government could implement a contractionary policy in order to
address any inflation issues.
taxes
spending
Social Security
Sales Tax
takes a larger portion from lower incomes
increase government spending and lower taxes
regressive and proportional
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