AnswersHSA 26-27 EconomicsFiscal Policy: Taxes

Fiscal Policy: Taxes Answers

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Answers:
Taxes that are paid by homeowners to state and local governments are .:property taxes
Taxes that businesses are required to pay on their earnings throughout the course of a year are.:corporate taxes
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more tax thanless tax thanthe same tax as

A
more tax than
B
less tax than
C
the same tax as
3

TonyJuanIsabel

A
Tony
B
Juan
C
Isabel
4

TonyJuanIsabel

A
Tony
B
Juan
C
Isabel
28904

progressiveregressiveproportional

A
progressive
B
regressive
C
proportional
28938

about $80 billionabout $280 billionabout $480 billion

A
about $80 billion
B
about $280 billion
C
about $480 billion
28941

progressive taxesincome taxescorporate taxes

A
progressive taxes
B
income taxes
C
corporate taxes
28942

progressive regressive proportional

A
progressive
B
regressive
C
proportional
28943

progressive regressiveproportional

A
progressive
B
regressive
C
proportional
28945

Based on what you have read, what type of tax is Robert paying?

A
a tariff
B
a sales tax
C
an excise tax
D
a corporate tax
28946

What action can the government of Country DF take to encourage citizens to purchase homes?

A
maintain corporate tax rates
B
raise income taxes
C
raise property tax rates
D
lower income taxes for homeowners
28947

What are the most likely effects of this policy? Check all that apply.

A
Businesses will likely pay workers less.
B
Businesses will likely hire more workers.
C
Businesses will likely earn higher profits.
D
Businesses will likely invest less in the economy.
E
Businesses will likely invest more in the economy.
28948

How can expansionary and contractionary tax policies be used to manage the economy?Be sure to give your answer in two to three sentences.

Answer:

Expansionary tax policies lower taxes to stimulate spending, investment, and economic growth, especially when unemployment is high. Contractionary tax policies raise taxes to reduce spending and slow economic growth when inflation is rising.

28949

RohanNikkitaAhmed

A
Rohan
B
Nikkita
C
Ahmed
28950

higherequal lower

A
higher
B
equal
C
lower
28951

about $80 billionabout $280 billionabout $480 billion

A
about $80 billion
B
about $280 billion
C
about $480 billion
28952

property taxesregressive taxescorporate taxes

A
property taxes
B
regressive taxes
C
corporate taxes
28953

What details did you discuss in your response? Check all that apply.

A
the difference between expansionary policy and contractionary policy
B
expansionary policies are used to stimulate the economy and reduce unemployment
C
contractionary polices are used to reduce economic growth and combat inflation
28954

direct taxesproportional taxescorporate taxes

A
direct taxes
B
proportional taxes
C
corporate taxes

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