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Fill in the Blank



 This activity contains 10 questions.

Question 1.
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The policy of high tariffs and quotas – limits on the number of units of specific goods imported into the country – was referred to as . 

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Question 2.
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Today a majority of taxpayers pay more in taxes than they do in income taxes. 

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Question 3.
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A tax takes a larger share of the income of low-income groups.  

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Question 4.
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new Patternmatch 4. A tax requires high-income groups to pay a larger percentage of their incomes in taxes than low-income groups. 

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Question 5.
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Proportional taxation is also called taxation.  

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Question 6.
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are profits from buying and selling property including stocks, bonds, and real estate. 

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Question 7.
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new Patternmatch question7. The percentage of the civilian labor force who are not working but who are looking for work or waiting to return to or begin a job is called the . 

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Question 8.
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policy involves taxing, spending and deficit levels of the national government. 

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Question 9.
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The forecasts economic conditions and recommends economic policies to the president and is composed of three professional economists and their staff. 

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Question 10.
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The imbalance in the annual federal budget in which spending exceeds revenues is referred to as the . 

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