Fiscal Policy

What is created to monitor the governments revenues & expenditures?

• fiscal policy
• federal budget
• fiscal year
• intergovernmental revenue

What is the USA's largest tax, that all working people pay?

• unemployment
• income
• FICA
• property

What created the yearly federal budget?

• fiscal policy
• federal budget
• fiscal year
• taxes

What is the USA's fiscal year?

• Jan. 1st - Dec. 31st
• Aug. 1st - July 31st
• Oct. 1st - Sept. 30th
• Nov.1st - Oct. 31st

When must all tax forms be completed and turned in?

• Jan. 31st
  

• April 15th
• June 1st
• Dec. 31st

What is completed every year by USA citizens, to make sure they have paid the correct amount in taxes?

• tax returns
  

• tax deductions
• federal budget
• automatic stabliziers

What is FICA used for?

• Social Security & Medicare
• Social Security & Medicaid
• Social Security, Medicare & Medicaid
• Social Security, Medicare, Medicaid, & Supplemental Security Income

What tax covers senior citizens, survivors under 18, & disabled?

• Social Security
• Medicare
• Medicaid
• Supplemental Security Income

What tax is mainly collected to cover a large portion of the USA's services & bills?

• income
• property
• inheritance/ estate
• sales

What is the major tax  for most local governments?

• sales
• property
• vehicle
• gift