Multiple Choice Questions

A(n) policy is employed when the government chooses to run a larger deficit.
  • direct tax
  • expansionary
  • constructing a highwaypublic school fundingmaintaining state parks
  • indirect tax.
If expansionary taxation policies encourage growth, are they always appropriate to implement?
  • to protect domestic businesses
  • The government needs to raise taxes or cut spending.The government spends too much money.The government almost always spends more than it collects.
  • No, government services could encourage growth but other practices could be more effective based on the economic situation.
  • They reduce disposable income.
High government expenditures can lead to a bigger
  • direct tax
  • deficit.
  • An excise tax applies to specific products.
  • indirect tax.
Which programs or projects are most likely funded by taxes paid by the citizens of the United States? Select three options.
  • They reduce disposable income.
  • constructing a highwaypublic school fundingmaintaining state parks
  • expansionary
  • to protect domestic businesses
Which best explains how contractionary policies can hamper economic growth?
  • to protect domestic businesses
  • They reduce disposable income.
  • direct tax
  • An excise tax applies to specific products.
This graph shows US revenue and expenditures between 1980 and 2010.Which statements describe what this graph indicates about government spending? Check all that apply.
  • No, government services could encourage growth but other practices could be more effective based on the economic situation.
  • They reduce disposable income.
  • to protect domestic businesses
  • The government needs to raise taxes or cut spending.The government spends too much money.The government almost always spends more than it collects.
....increasing spending.
  • Under an expansionary taxation policy, the government tries to stimulate economic growth by....
  • Which are examples of programs or projects most likely funded by taxes in the United States?
  • A(n) ________ policy is employed when the government chooses to run a larger deficit.
  • Under a contractionary taxation policy, the government tries to improve its finances by....
....indirect tax.
  • Property taxes are usually determined based on....
  • According to the chart, the citizens are being taxed....
  • A sales tax is a type of....
  • Which of these best describes income tax?
They slow demand.
  • Which best explains how contractionary policies can hamper economic growth?
  • Which best describes what this graph indicates about government spending?
  • Which best describes how expansionary policies can facilitate economic growth?
  • Which of these is most likely the US government's aim in taxing imported goods?
-constructing a highway-maintaining state parks-collecting garbage
  • Which are examples of programs or projects most likely funded by taxes in the United States?
  • Under an expansionary taxation policy, the government tries to stimulate economic growth by....
  • A(n) ________ policy is employed when the government chooses to run a larger deficit.
  • Under a contractionary taxation policy, the government tries to improve its finances by....
The government almost always spends more than it collects.
  • Which best explains how contractionary policies can hamper economic growth?
  • Which of these is most likely the US government's aim in taxing imported goods?
  • Which best describes how expansionary policies can facilitate economic growth?
  • Which best describes what this graph indicates about government spending?
Yes, the government will still ensure that individuals and businesses continue to receive all necessary services.
  • proportional tax
  • Which best describes what this graph indicates about government spending?
  • If expansionary taxation policies encourage growth, are they always appropriate to implement?
  • Which best describes how expansionary policies can facilitate economic growth?
Both are considered flat taxes.
  • How is an excise tax different from a sales tax?
  • Which best describes how expansionary policies can facilitate economic growth?
  • How are progressive taxes and regressive taxes similar?
  • Property taxes are usually determined based on....
a tax in which wage earners with higher incomes are taxed at a higher percentage rate than earners with lower incomes
  • progressive tax
  • society
  • tax
  • proportional tax
an amount taken from income or added to purchases by various levels of government
  • society
  • progressive tax
  • proportional tax
  • tax
expansionary
  • Which best explains how contractionary policies can hamper economic growth?
  • Under an expansionary taxation policy, the government tries to stimulate economic growth by....
  • A(n) ________ policy is employed when the government chooses to run a larger deficit.
  • Under a contractionary taxation policy, the government tries to improve its finances by....
a tax in which wage earners with lower incomes are taxed at a higher percentage rate than earners with higher incomes
  • proportional tax
  • progressive tax
  • society
  • If expansionary taxation policies encourage growth, are they always appropriate to implement?
a group of individuals, usually within a community, who share traditions, interests, and establishments
  • proportional tax
  • society
  • progressive tax
  • tax
....citizens contribute to meeting society's needs.
  • Which best describes what this graph indicates about government spending?
  • Governments collects taxes to ensure that....
  • Property taxes are usually determined based on....
  • How is an excise tax different from a sales tax?
....the value of the property.
  • How are progressive taxes and regressive taxes similar?
  • Governments collects taxes to ensure that....
  • Property taxes are usually determined based on....
  • According to the chart, the citizens are being taxed....
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Multiple Choice Questions
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