trac nhiem p3

what is a tax deduction?

• amount owed to IRS

• Money paid to a charity

• reduction i taxable income

• penalty for late payment

what is the tax levied on specific goods and services ?

• income tax

• property tax

• sales tax

• capital gains tax

what is the term for taxes withheld from an employee's paycheck?

• property tax

• salses tax

• payroll tax

• estate tax

what is a tax credit

• tax refund

• amount added to taxable incom

• amount deducted from taxable income

• direct payment to IRS

which tax supports the funding of Social Security benefits?

• medicare tax

• sales tax

• property tax

• payroll tax

.......factors of economics help in determining whether investor's money is safe with foreign debt securities

• economic

• social

• financial

• legal

..........means avoidance of a foreign exchange risk

• arbitrage

• hedging

• trading

• speculating

the Federal Reserve's monetary policy tool is:

• the discount rate

• the reserve requirement

• open market operations

• all of the above