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What are the Progressive and Regressive Taxation methods? How are taxes different from tariffs? (fill in the blank) A ________________ Tariff is imposed to fight

  1. What are the Progressive and Regressive Taxation methods?
  2. How are taxes different from tariffs?
  3. (fill in the blank) A ________________ Tariff is imposed to fight against protectionist policies by another country.
  4. What is a public good and give two examples.

5.What is a merit good and give two examples.

6.(fill in the blank)Government spending has gone _____ since the 1940s.

7.(fill in the blanks)In the federal budget, ____________________ Spending is spending that is required by law. _______________________ Spending is spending that is controlled through the annual legislative process.

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