Which best explains how contractionary policies can hamper economic growth? They reduce taxes which raises deficits. ...
Which of these is most likely to US government aim and taxing imported goods?
The correct answer is to protect domestic businesses . When the US government puts a tax on an imported good (aka a tariff) they are trying to protect American businesses.
Which programs or projects are most likely funded by taxes paid by the citizens of the United States check all that apply?
| An ______ policy is employed when the government chooses to run a larger deficit. expansionary | Which are examples of programs or projects most likely funded by taxes in the United States? Check all that apply. – constructing a highway -collecting garbage -maintaining state parks |
|---|
How is excise tax different from a sales tax quizlet?
What is the difference between sales and excise tax? Sales tax is a certain percantage and excise tax is on specific items .
Which of these is most likely the US government aim and taxing imported goods quizlet?
Which of these is most likely the US government’s aim in taxing imported goods? indirect tax .
Which terms best describes sales tax check all?
Answer Expert Verified. EXPLANATION: The Sales Tax is a tax which is imposed by the government on the sale of products and services. This tax is both Indirect and Regressive in nature .
What aspect of fiscal policy does this diagram show?
As per the question, the aspect of fiscal policy reflected by the given diagram would be ‘ government’s spending or expenditure’ in order to boost the economy . Such expenditures are incurred by the government during recession to give people work and increase the supply of money in the market.
Is employed when the government chooses to run a larger deficit?
indirect tax . A(n) policy is employed when the government chooses to run a larger deficit. ... Which best explains how contractionary policies can hamper economic growth? They reduce disposable income.
What kind of policy is employed when the government chooses to run a larger deficit?
The correct answer is option D) Expansionary
In addition, it also decreases unemployment in the economy resulting in increasing economic growth. Expansionary policy is generally employed when the government plans to run a larger deficit in the economy.
What type of tax is a sales tax quizlet?
Proportional tax – “flat tax” ,where everyone pays the same percentage; Sales tax is an example.
What is the difference between an excise tax and a sales tax?
Sales tax applies to almost anything you purchase while excise tax only applies to specific goods and services. Sales tax is typically applied as a percentage of the sales price while excise tax is usually applied at a per unit rate.
Which of the following best describes the difference between sales tax and property tax?
Which of the following statements best describes the difference between sales tax and property tax? Sales tax is applied to items as they are purchased while property tax is applied to items already owned . ... Oscar has elected to have 23% of his federal income tax withheld as state income tax.
Which type of tax do state governments collect?
State and local governments collect tax revenues from three primary sources: income, sales, and property taxes . Income and sales taxes make up the majority of combined state tax revenue, while property taxes are the largest source of tax revenue for local governments, including school districts.
Which of these policies would a government take when it comes to employment quizlet?
Which of these policies would a government take when it comes to employment? the money supply . You just studied 10 terms!
What could happen if expansionary taxation policies are left unchecked which is the most likely result?
If expansionary taxation policies are left unchecked, which is the most likely result? reduced profits .
When an economy suffers from low production a country Cannot?
When an economy suffers from low production, a country cannot: worry about unemployment .
