To raise revenue for government spending

To redistribute income and wealth

To regulate economic activity

To promote economic growth

Income tax

Sales tax

Property tax

Tariff

A progressive tax is a tax that increases as income increases, while a regressive tax is a tax that decreases as income increases.

A progressive tax is a tax that is paid by the wealthy, while a regressive tax is a tax that is paid by the poor.

A progressive tax is a tax that is based on ability to pay, while a regressive tax is a tax that is based on consumption.

A progressive tax is a tax that is levied on individuals, while a regressive tax is a tax that is levied on businesses.

A graph that shows the relationship between tax rates and tax revenue

A graph that shows the relationship between government spending and economic growth

A graph that shows the relationship between inflation and unemployment

A graph that shows the relationship between interest rates and economic growth

A direct tax is a tax that is paid directly to the government, while an indirect tax is a tax that is paid to a third party who then passes it on to the government.

A direct tax is a tax that is based on income, while an indirect tax is a tax that is based on consumption.

A direct tax is a tax that is levied on individuals, while an indirect tax is a tax that is levied on businesses.

A direct tax is a tax that is progressive, while an indirect tax is a tax that is regressive.

A fiscal deficit occurs when government spending exceeds government revenue, while a fiscal surplus occurs when government revenue exceeds government spending.

A fiscal deficit occurs when government revenue exceeds government spending, while a fiscal surplus occurs when government spending exceeds government revenue.

A fiscal deficit occurs when government spending is equal to government revenue, while a fiscal surplus occurs when government revenue is equal to government spending.

A fiscal deficit occurs when government spending is less than government revenue, while a fiscal surplus occurs when government revenue is less than government spending.

To regulate the money supply

To set interest rates

To manage the government's debt

To advise the government on economic policy

A public good is a good that is non-rivalrous and non-excludable, while a private good is a good that is rivalrous and excludable.

A public good is a good that is provided by the government, while a private good is a good that is provided by the private sector.

A public good is a good that is consumed by everyone, while a private good is a good that is consumed by only one person.

A public good is a good that is essential for life, while a private good is a good that is not essential for life.

A subsidy is a payment made by the government to a producer or consumer, while a tax is a payment made by a producer or consumer to the government.

A subsidy is a payment made by the government to a producer, while a tax is a payment made by a consumer to the government.

A subsidy is a payment made by the government to a consumer, while a tax is a payment made by a producer to the government.

A subsidy is a payment made by the government to a producer or consumer, while a tax is a payment made by a producer or consumer to the government.

A balanced budget occurs when government spending equals government revenue, while an unbalanced budget occurs when government spending exceeds government revenue.

A balanced budget occurs when government spending equals government revenue, while an unbalanced budget occurs when government revenue exceeds government spending.

A balanced budget occurs when government spending is less than government revenue, while an unbalanced budget occurs when government revenue is less than government spending.

A balanced budget occurs when government spending is greater than government revenue, while an unbalanced budget occurs when government revenue is greater than government spending.

A progressive tax is a tax that increases as income increases, while a proportional tax is a tax that is the same for all income levels.

A progressive tax is a tax that is paid by the wealthy, while a proportional tax is a tax that is paid by the poor.

A progressive tax is a tax that is based on ability to pay, while a proportional tax is a tax that is based on consumption.

A progressive tax is a tax that is levied on individuals, while a proportional tax is a tax that is levied on businesses.

A direct tax is a tax that is paid directly to the government, while an indirect tax is a tax that is paid to a third party who then passes it on to the government.

A direct tax is a tax that is based on income, while an indirect tax is a tax that is based on consumption.

A direct tax is a tax that is levied on individuals, while an indirect tax is a tax that is levied on businesses.

A direct tax is a tax that is progressive, while an indirect tax is a tax that is regressive.

A fiscal deficit occurs when government spending exceeds government revenue, while a fiscal surplus occurs when government revenue exceeds government spending.

A fiscal deficit occurs when government revenue exceeds government spending, while a fiscal surplus occurs when government spending exceeds government revenue.

A fiscal deficit occurs when government spending is equal to government revenue, while a fiscal surplus occurs when government revenue is equal to government spending.

A fiscal deficit occurs when government spending is less than government revenue, while a fiscal surplus occurs when government revenue is less than government spending.

To regulate the money supply

To set interest rates

To manage the government's debt

To advise the government on economic policy