The chief way the federal government raises revenue is from

Question

The chief way the federal government raises revenue is from

borrowing money
foreign aid
individual income taxes
corporate taxes

This concept means that the total federal budget changes only a little from one year to the next.
reconciliation
fiscal policy
money economy
incrementalism

Thank You! :)

Answer 1

http://www.taxpolicycenter.org/briefing-book/background/numbers/revenue.cfm

http://www.investopedia.com/articles/04/051904.asp#axzz1qtwYjDit

Answer 2

1. C

2. A
3. A
4. C
5. D
6. A
7. B
8. D
9. D
10. C

Answer 3

The chief way the federal government raises revenue is from individual income taxes and corporate taxes. To arrive at this answer, we need to understand how the federal government generates revenue.

One way the federal government raises funds is through borrowing money, by issuing bonds, bills, and notes. However, this is considered debt, not revenue.

Foreign aid, on the other hand, refers to the assistance given by one country to another, and it is a form of expenditure for the federal government, not a way to generate revenue.

Now, let's move on to the second question: "This concept means that the total federal budget changes only a little from one year to the next." The term that describes this concept is incrementalism.

Incrementalism refers to the approach of making small, gradual changes to the federal budget from year to year. This means that the total budget may not significantly fluctuate, but rather, it is adjusted incrementally based on previous years' budgets.

Reconciliation is a term used to describe the process of aligning two different versions of a legislative bill. Fiscal policy refers to the government's use of taxation and spending to influence the economy. Money economy is a broader term that describes an economic system where transactions are based on currency, rather than bartering or other methods.

So, in conclusion, the chief way the federal government raises revenue is from individual income taxes and corporate taxes, while the concept that describes the little change in the federal budget from year to year is incrementalism.