Monetary and Fiscal Policy Quick Check

5 of 55 of 5 Items
Question
Which of the following best explains why taxation is important to a government? (1 point)
Responses

to fund businesses and make a profit
to fund businesses and make a profit

to collect revenue for personal citizen salaries
to collect revenue for personal citizen salaries

to collect revenue and provide for the public good
to collect revenue and provide for the public good

to collect money for foreign aid
to collect money for foreign aid

The correct answer is: to collect revenue and provide for the public good.