Monthly Archives: January 2014

bush discusses economics

The economy has a solid foundation but there are areas of real concern. Jobs and consumer spending. It should be about 1 percent of the GDP. If no risks are taken, innovation and productivity. He is optimistic because Americans have … Continue reading

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CHAPTER 23 SECTION REVIEWS 1,2 AND 3

Increase economic growth, creates jobs are the goals, the limit is it is difficult to change spending levels. Fiscal Policy is the government’s use of spending and taxes to make the economy grow faster or slower. It helps regulate the … Continue reading

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chapter 22 vocab 10 terms of it.

Tax: Money that you are required to pay. Sales Tax: tax that is put on goods and services. Property Tax: taxes on personal property. Incidence of a tax: the last ‘heavy’ part of tax Tax return: a form people fill … Continue reading

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CHAPTER 22 SECTION 4

In two sections as Revenue Collection and Revenue Spending. Both revenues must equal spending. Education, public safety, highways and transportation, and public welfare. Nonprofit organizations, religious groups and charities are tax exempt. This means they do not have to pay … Continue reading

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CHAPTER 22 SECTION 3 REVIEW

Social security, medicare, medicaid, military, education. The practice of giving lower, or no, entitlements to people who have higher incomes. Military, education, less money. People who’ve already retired. provides benefits to people who are 65 years or older . The … Continue reading

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