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☆☆☆☆☆Cards in this guide (17)
How are government social programs funded
tax revenues
Which of these federal institutions carries the responsibility of managing the process of borrowing money by issuing bonds and notes
Department of the Treasury
Which government agency issues patents and trademarks
United State Patent and Trademark Office (A+LS)
Which of these government securities pay a fixed rate of interest every six months until they mature at thirty years
treasury bonds
Why are excise taxes often referred to as sin taxes
Because they are placed on items to help act as a deterrent.
Which social program provides vouchers the poor can use to purchase food
Supplemental Nutrition Assistance Program
Which of these factors almost always has a positive effect on an economy
technology
Which statement describes an expansion
People and businesses consume more products and services.
Which economic trend might happen as a result of abnormal weather such as drought or flooding
It can lead to negative effects on the economic activity and can even cause a recession.
What happens as a result of excessive government borrowing
It becomes more expensive for the private sector to borrow.
Which of these describes the economic recovery period in the business cycle
Economic activity is rising above the point of the previous peak.
The response of businesses and individuals to fiscal policy changes is related to which of these
the amount of funds government is spending
Which point in the business cycle has the greatest economic activity
Peak a+
What do most businesses and citizens prefer
Stable economy
Which phase in the business cycle occurs when the GDP increases and the amount of and services produced increases
Expansion
Which of these is not an intrastate tax
federal income tax A+
Which of these does not describe a weak economy
The government will assume a contractionary fiscal policy position.
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