Economics Unit 3

Front

What kind of tax did Saniyah pay if she bought a drink priced at $1.99 but paid $2.08 at the register?

Back

Sales tax

Front

Courtney bought a Tesla. After she paid for the car, the total cost of the car was more than what it said on the window sticker. What was the extra money she paid when she bought the car?

Back

Sales tax

Front

What kind of tax is taken from Gabby's paycheck at NASA to pay for public goods and services?

Back

Income tax

Front

What type of tax is Kimora paying on her house in Hampton, which she has owned for 4 years and pays a certain % of its value to the City of Hampton?

Back

Property tax

Front

What kind of tax does Sean pay from his paychecks?

Back

Income tax

Front

Sales taxes are paid to _______ and ________ governments.

Back

State and Local

Front

In Virginia, income taxes are paid to the _______ and _________ governments.

Back

Federal and State

Front

Property taxes are a source of revenue for ____________ governments.

Back

Local

Front

Virginia and the United States pursue international trade in order to ________________________.

Back

increase wealth

Front

____________________________ means the worldwide markets in which the buying and selling of goods and services by all nations takes place.

Back

Global economy