4-3 Government Regulation And Assisstance: Question Preview (ID: 16957)

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A(n)____ tax is a common source of revenue for state and local governments
a) sales
b) import
c) gift
d) unemployment

The government raises money by...
a) selling bonds
b) levying taxes
c) borrowing money
d) all of the above

A _____ is a state or local tax on goods and services that is collected by the seller.
a) import tax
b) property tax
c) sales tax
d) income tax

A major source of revenue for local governments is the real estate _______ tax
a) income
b) property
c) import
d) gift

A _______ tax is when you get taxed on how much you make
a) income
b) property
c) state
d) gift

A government creates ______ policies to pay for the services it provides
a) radio stations
b) bonds
c) schools
d) tax

___ prevent unfair business practices such as false advertising.
a) trusting laws
b) antitrust laws
c) laws of trust
d) code of conduct

This exists when a business has control of the market for a product or service.
a) risk
b) ownership
c) monopoly
d) stock

A ____ is an organization that supplies a service or product vital to all people?
a) Wallmart
b) public utility
c) Repossession service
d) union

the government borrows money by selling _____.
a) food
b) weapons
c) bonds
d) textbooks

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