Taxation, Federal Reserve, Monetary Policy

Income, property, goods, or services that are subject to a tax

• tax base
• tax assessor
• property tax
• estate tax

Which of the following is one way that Federal Reserve Bank serves the government?

• making loans to officials
• selling government securities
• minting coins for the government
• financing state government projects

spending that Congress is required to make by law

• discretionary spending
• mandatory spending
• entitlement
• capital budget

movable possessions or assets

• estate
• personal property
• capital
• tax base

tax on the total value of the money and property of a person who has died

• tax base
• tax return
• entitlement
• estate tax

social welfare program that people can benefit from if they meet certain eligibility requirements

• capital budget
• entitlement
• personal property
• discretionary spending

form used to file income taxes

• tax return
• income tax
• tax assessor
• tax base

official who determines the value of property

• mayor
• govenor
• tax assessor
• tax base

land and any permanent structures on the land to which a person has legal title

• personal property
• estate
• entitlement
• real property

budget for spending on major investments

• tax base
• property tax
• operating budget
• capital budget