The Citizens of a small city have been eager to see more green space in their environment. There are several abandoned lots that activists think could be turned into community gardens or parks for people to freely enjoy
1.for the additional green spaces to be considered public services, what must be true?
A. The local government uses tax money to create them
B. A national business provides funding for some of the spaces-----
C. People who purchase season passes to the spaces get access
D. Citizens hold a fundrasier to pay for the project
2.What is one source of revenue for the federal government to pay for public goodsand services?
A. Property taxes
B. Sales Taxes
C. Income taxes-----
D. Excise taxes
3. What is one of the things the Federal Reserve System Does?
A. Set income tax rates at the federal level
B. influence interest rates
C. Decide who can open back accounts
D. give loans to bank customers----
4. how might the government deal with a huge company that has no competitors and is charging customers high prices?
A. break the company up into smaller competing firms
B. fine the company based on its profits for a given year
C. force the company to pay taxes at a higher rate-------
D. assign a government agent to observe to company's Leader ship
A new administration reforms a state's tax code. Corporate tax was increased by 3%, allowing the value-added tax on consumer goods to be reduced by 5%. this had no net effect on the state budget as the two tax changes balanced each other out
5.what is a likely effect of this change in tax policy
A. high-income people will choose to leave the state
B. nonprofits will become a larger part of the economy------
C. consumers in the state will choose to buy fewer things
D. financial institutions will be less likely to invest in the state's companies.
A
C
B
A
D
The answers are thanks
A
C
B
A
D
1, 3, 4 are wrong.
5. Which tax policy?
Please go back and check your text for these answers.
okay
1. d
3.b
4.a
and number five there is a passage above the question
someone plz help
1. d - no
3.b - yes
4.a - yes
Please do not post these questions again.
thank you so much mrs sue i passes ur the best
You're very welcome.
hush my child and larry are right i got a 100% thanks to them!!
1. For the additional green spaces to be considered public services, what must be true?
The correct answer is A. The local government uses tax money to create them.
To determine the answer, we need to understand what public services are. Public services are funded and provided by the government for the benefit of the public. In this case, the question asks about creating green spaces, such as community gardens or parks, which would be considered public services if they are funded and created by the local government using tax money. Therefore, option A is the correct answer.
2. What is one source of revenue for the federal government to pay for public goods and services?
The correct answer is C. Income taxes.
Federal governments require revenue to fund public goods and services, such as infrastructure, education, healthcare, and national defense. One significant source of revenue for the federal government is income taxes, which are assessed on individuals and businesses based on their income. Therefore, option C is the correct answer.
3. What is one of the things the Federal Reserve System does?
The correct answer is B. Influence interest rates.
The Federal Reserve System, often referred to as the Fed, is the central banking system of the United States. Its primary function is to regulate and control the country's monetary policy. One of the key tools the Federal Reserve uses to influence the economy is adjusting interest rates. By raising or lowering interest rates, the Fed can influence borrowing costs, control inflation, and stimulate or slow down economic activity. Therefore, option B is the correct answer.
4. How might the government deal with a huge company that has no competitors and is charging customers high prices?
The correct answer is A. Break the company up into smaller competing firms.
When a large company has a monopoly or lacks competition, the government may intervene to promote competition and protect consumers. One possible action the government can take is to break up the company into smaller competing firms. This is done to prevent the company from exploiting its market power and charging customers high prices. Therefore, option A is the correct answer.
5. What is a likely effect of this change in tax policy?
The correct answer is C. Consumers in the state will choose to buy fewer things.
In the given scenario, the reform in the state's tax code involved increasing corporate taxes by 3% and reducing the value-added tax on consumer goods by 5%. Since the two tax changes balanced each other out, there would be no net effect on the state budget.
However, this change in tax policy is likely to impact consumer behavior. With higher corporate taxes, businesses may pass on some of the costs to consumers through higher prices. As a result, consumers in the state may choose to buy fewer things due to the increased prices. Therefore, option C is the likely effect of this change in tax policy.