What is a tax expenditure?
a) A tax on what people spend b) A tax deduction that creates a government revenue loss equivalent to a direct government expenditure for the same purpose c) A tax that funds government spending for some public purpose d) The sum of all the progressive, proportional, and regressive taxes imposed by a particular level of government
B
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Many states will bridge the gap between floating and fixed exchange rates by periodically intervening in the currency markets, usually to promote stability. This type of intervention is called a(n) __________
A) interventionist system B) periodic-float system C) primary-float system D) managed-float system
______________ is the expression of political actors’ needs, interests, and desires.
Fill in the blank(s) with the appropriate word(s).
What is the major negative consequence of the plural executive?
What will be an ideal response?
If the United States is pursuing an expansionist policy, which of the following would it be doing?
A. Embracing the extension of American borders B. Restricting exports and implementing higher tariffs C. Abstaining from an active role in international affairs or alliances D. Allowing more immigrants into the country to expand our population E. Providing financial assistance for conflicts in other nations