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ooglybear ooglybear
wrote...
6 years ago
Lowering the __________ reduces the cost of money, which makes borrowing easier, which increases spending, and thereby affects economic growth.
 
  a. deficit
  b. interest rate
  c. national debt
  d. personal income tax rate

Question -2-

George W. Bush came into office strongly committed to __________.
 
  a. raising the top marginal rate to 35 percent
  b. raising tax rates in an effort to compromise with the Democrats
  c. restructuring rates to just three brackets10, 28, and 35 percent
  d. lowering taxes

Question -3-

__________ requires all income groups to pay the same percentage of their income in taxes.
 
  a. Bracket-based taxation
  b. Means-tested taxation
  c. Progressive taxation
  d. Proportional taxation

Question -4-

In the federal budget, national parks and federal prisons are examples of __________.
 
  a. deficit spending
  b. discretionary spending
  c. entitlement programs
  d. mandatory spending
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amnaaaamnaaa
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Posts: 245
Rep: 0 0
6 years ago
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ooglybear Author
wrote...
6 years ago
I just wanted to write to say thanks a bunch for the answer!
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