AnswersIL-EconomicsFiscal Policy: Spending

Fiscal Policy: Spending Answers

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1
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phrase Aphrase B phrase C

A
phrase A
B
phrase B
C
phrase C
2
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X corporate taxesincome taxes property taxes

A
corporate taxes
B
income taxes
C
property taxes
3

corporate taxes income taxesX property taxes

A
corporate taxes
B
income taxes
C
property taxes
4

phrase Aphrase Bphrase C

A
phrase A
B
phrase B
C
phrase C
5

✔ property taxes income taxes corporate taxes

A
property taxes
B
income taxes
C
corporate taxes
6

excise taxesX sales taxestariffs

A
excise taxes
B
sales taxes
C
tariffs
7

Which statements best communicate the main idea of this speech? Check all that apply.

A
Increased taxation on the middle class will improve the economy.
B
Lower taxes increase consumer spending.
C
Increased consumer spending strengthens the economy.
D
Higher taxes will have a severe impact on citizens.
E
Spending on social needs is a low priority.
9

Homeowners pay on the land they own.

A
property taxes
B
income taxes
C
corporate taxes
10

Which statements best communicate the main idea of this speech? Check all that apply.

A
Increased taxation on the middle class will improve the economy.
B
Lower taxes increase consumer spending.
C
Increased consumer spending strengthens the economy.
D
Higher taxes will have a severe impact on citizens.
E
Spending on social needs is a low priority.
12

excise taxessales taxes tariffs

A
excise taxes
B
sales taxes
C
tariffs
13

excise taxescorporate taxes tariffs

A
excise taxes
B
corporate taxes
C
tariffs
15

Workers pay on the money they earn in the workplace.

A
corporate taxes
B
income taxes
C
property taxes
17

Businesses are required to pay on their earnings.

A
corporate taxes
B
income taxes
C
property taxes

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