In a progressive tax system which of the following is true?
a. The tax rate increases as income increases.
b. A higher burden is placed on the poor than on the wealthy.
c. The funds are typically used only during emergencies.
d. The collected tax is typically set aside for the Rainy Day Fund.
Answer: A
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One of the most effective political ads was a thirty-second spot for __________, depicting a little girl picking daisies in a field and then an image of a mushroom cloud emanating from a nuclear explosion
A) John F. Kennedy in his campaign against Richard Nixon B) Lyndon Johnson in his campaign against Barry Goldwater C) Jimmy Carter in his campaign against Ronald Reagan D) George Herbert Walker Bush in his campaign against Michael Dukakis E) Bill Clinton in his campaign against George Herbert Walker Bush
During the administration of Dwight D. Eisenhower, American foreign policy was conducted in accordance with the principle of collective security to contain communism
Indicate whether the statement is true or false
Explain the difference between the head of government and the head of state and note the important functions played by each.
What will be an ideal response?
The president’s budget proposal is issued by the
a. Council of Economic Advisors. b. Federal Reserve. c. Office of Management and Budget. d. Treasury Department. e. vice president.