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