5
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Fiscal Policy: Spending

Question 5 • IL-Economics

Taxes placed on imported goods by the federal government are .

Answer
A
excise taxes
B
sales taxes
C
tariffs

Explanation

A tariff is a tax the government places on goods imported from other countries. Excise taxes apply to specific goods or activities, while sales taxes are charged on purchases, so the correct choice is tariffs.

AI-written and checked against the verified answer.

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