Years ago, when Congress imposed very high tax rates on high incomes, it provided for more loopholes in the federal tax system. These loopholes:
A) brought the profits earned by government employees under the nontaxable bracket.
B) enabled angel investors to invest directly in businesses.
C) enabled investors in oil and gas wells to increase their taxable income.
D) allowed interest groups to give soft money to political parties.
E) enabled many wealthy individuals to decrease their tax bills significantly.
Question -2-__________saw the Affordable Care Act as a big government takeover of health care and a threat to popular freedoms.
A) Liberals
B) Conservatives
C) Mercantilists
D) Symbolic interactionists
E) Nurses
Question -3-__________involves changing the amount of money in circulation to affect interest rates, credit markets, the rate of inflation, the rate of economic growth, and the rate of unemployment.
A) Monetary policy
B) Fiscal policy
C) Zero interest-rate policy
D) Keynesian policy
E) Flat tax policy
Question -4-A gas that, when released into the atmosphere, traps the sun's heat and slows its release into outer space is known as a(n) _____.
A) noble gas
B) inert gas
C) greenhouse gas
D) dielectric gas
E) insulating gas
Question -5-Identify a newly insured product under the 2014 farm bill.
A) Black pepper
B) Saffron
C) Mustard
D) Flax
E) Sushi rice
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