Define what is meant by the term tax expenditure.
What will be an ideal response?
Tax expenditures are tax breaks, or loopholes, that effectively encourage particular activities through monetary incentives created in the tax system. The concept of a tax expenditure reflects the theory that tax relief is the same as subsidizing an activity through direct government expenditures.
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American wars have often been controversial among our citizens
Indicate whether the statement is true or false
Which of the following is NOT a factor that contributed to 15 countries in Latin America transitioning to democracies between 1978 and 1993?
A) There were economic difficulties that eroded the legitimacy of the nondemocratic governments. B) Some governments were pressured to democratize by sanctions being placed against them. C) Authoritarian rulers willingly stepped down to let democracy take its course. D) Military conflicts in some countries undermined the dictatorships in those countries.
The largest ethnic group in California includes first-generation immigrants and a population whose ancestors came from what country?
a. Spain b. Russia c. Mexico d. Italy
The intergovernmental organization that attempts to regularize patent and copyright law across borders is the __________
A) International Patent and Copyright Organization (IPCO) B) World Intellectual Property Organization (WIPO) C) Global Organization for Copyrights and Patents (GOCP) D) Copyrights and Patents Association (CP)