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of 28 available terms
(1 exact duplicate found)

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5 Written questions

5 Matching questions

  1. interest
  2. benefit payments
  3. equal application
  4. revenue
  5. income taxes
  1. a is the payment made for the use of borrowed money
  2. b money
  3. c taxes applied at the same rate
  4. d largest cost to the Federal Government
  5. e taxes on earnings of individuals and companies

5 Multiple choice questions

  1. a government collects more money than it spends
  2. small payments charged for licenses
  3. the total amount of money that the government has borrowed, plus interest
  4. a tax that takes a larger percentage of income from higher income groups than from lower income groups
  5. a tax that takes a larger percentage of income from lower incomegroups than from highe income groups

5 True/False questions

  1. bondsmall payments charged for licenses

          

  2. executive brancha tax on gas, alcohol and luxury items

          

  3. personal propertyland buildings and other structures

          

  4. Internal Revenue Servicecollects federal taxes

          

  5. audita careful examination by trained accountants of every item of income and expenditure

          

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