How Can Recent Government Spending Be Best Described

Question: The government must force people to pay taxes so that it can do what?

Answer: control the money supply and manage economic growth

Question: Which describes a sales tax?

Answer: percentage charged on the purchase of goods

Question: What does a progressive taxation system do?

Answer: increases the tax rate as income rises

Question: The World Trade Organization was formed in order to accomplish what?

Answer: promote free trade

Question: Which of the following is true about tariffs?

Answer: They are paid on international trade only.

Question: Which government official is required by law to deliver a budget to the U.S. Congress?

Answer: the president

Question: Politicians approve pork barrel spending for what purpose?

Answer: win political support

Question: How can recent government spending be best described?

Answer: increasing

Question: Which is a public good?

Answer: road

Question: Government agencies are which of the following?

Answer: part of the public sector