MCQ Questions
Q.1.
A(n) policy is employed when the government chooses to run a larger deficit.
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    direct tax
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    expansionary
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    constructing a highwaypublic school fundingmaintaining state parks
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    indirect tax.
Q.2.
If expansionary taxation policies encourage growth, are they always appropriate to implement?
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    to protect domestic businesses
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    The government needs to raise taxes or cut spending.The government spends too much money.The government almost always spends more than it collects.
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    No, government services could encourage growth but other practices could be more effective based on the economic situation.
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    They reduce disposable income.
Q.3.
High government expenditures can lead to a bigger
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    direct tax
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    deficit.
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    An excise tax applies to specific products.
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    indirect tax.
Q.4.
Which programs or projects are most likely funded by taxes paid by the citizens of the United States? Select three options.
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    They reduce disposable income.
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    constructing a highwaypublic school fundingmaintaining state parks
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    expansionary
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    to protect domestic businesses
Q.5.
Which best explains how contractionary policies can hamper economic growth?
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    to protect domestic businesses
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    They reduce disposable income.
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    direct tax
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    An excise tax applies to specific products.
Q.6.
This graph shows US revenue and expenditures between 1980 and 2010.Which statements describe what this graph indicates about government spending? Check all that apply.
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    No, government services could encourage growth but other practices could be more effective based on the economic situation.
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    They reduce disposable income.
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    to protect domestic businesses
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    The government needs to raise taxes or cut spending.The government spends too much money.The government almost always spends more than it collects.
Q.7.
....increasing spending.
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    Under an expansionary taxation policy, the government tries to stimulate economic growth by....
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    Which are examples of programs or projects most likely funded by taxes in the United States?
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    A(n) ________ policy is employed when the government chooses to run a larger deficit.
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    Under a contractionary taxation policy, the government tries to improve its finances by....
Q.8.
....indirect tax.
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    Property taxes are usually determined based on....
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    According to the chart, the citizens are being taxed....
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    A sales tax is a type of....
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    Which of these best describes income tax?
Q.9.
They slow demand.
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    Which best explains how contractionary policies can hamper economic growth?
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    Which best describes what this graph indicates about government spending?
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    Which best describes how expansionary policies can facilitate economic growth?
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    Which of these is most likely the US government's aim in taxing imported goods?
Q.10.
-constructing a highway-maintaining state parks-collecting garbage
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    Which are examples of programs or projects most likely funded by taxes in the United States?
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    Under an expansionary taxation policy, the government tries to stimulate economic growth by....
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    A(n) ________ policy is employed when the government chooses to run a larger deficit.
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    Under a contractionary taxation policy, the government tries to improve its finances by....
Q.11.
The government almost always spends more than it collects.
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    Which best explains how contractionary policies can hamper economic growth?
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    Which of these is most likely the US government's aim in taxing imported goods?
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    Which best describes how expansionary policies can facilitate economic growth?
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    Which best describes what this graph indicates about government spending?
Q.12.
Yes, the government will still ensure that individuals and businesses continue to receive all necessary services.
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    proportional tax
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    Which best describes what this graph indicates about government spending?
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    If expansionary taxation policies encourage growth, are they always appropriate to implement?
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    Which best describes how expansionary policies can facilitate economic growth?
Q.13.
Both are considered flat taxes.
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    How is an excise tax different from a sales tax?
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    Which best describes how expansionary policies can facilitate economic growth?
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    How are progressive taxes and regressive taxes similar?
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    Property taxes are usually determined based on....
Q.14.
a tax in which wage earners with higher incomes are taxed at a higher percentage rate than earners with lower incomes
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    progressive tax
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    society
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    tax
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    proportional tax
Q.15.
an amount taken from income or added to purchases by various levels of government
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    society
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    progressive tax
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    proportional tax
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    tax
Q.16.
expansionary
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    Which best explains how contractionary policies can hamper economic growth?
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    Under an expansionary taxation policy, the government tries to stimulate economic growth by....
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    A(n) ________ policy is employed when the government chooses to run a larger deficit.
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    Under a contractionary taxation policy, the government tries to improve its finances by....
Q.17.
a tax in which wage earners with lower incomes are taxed at a higher percentage rate than earners with higher incomes
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    proportional tax
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    progressive tax
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    society
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    If expansionary taxation policies encourage growth, are they always appropriate to implement?
Q.18.
a group of individuals, usually within a community, who share traditions, interests, and establishments
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    proportional tax
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    society
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    progressive tax
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    tax
Q.19.
....citizens contribute to meeting society's needs.
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    Which best describes what this graph indicates about government spending?
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    Governments collects taxes to ensure that....
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    Property taxes are usually determined based on....
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    How is an excise tax different from a sales tax?
Q.20.
....the value of the property.
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    How are progressive taxes and regressive taxes similar?
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    Governments collects taxes to ensure that....
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    Property taxes are usually determined based on....
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    According to the chart, the citizens are being taxed....