Which of the Following Is the Largest Source of Federal

question 126

Multiple Choice

Which of the following is the largest source of federal government revenue?

• A) corporate income taxes
• B) personal income taxes
• C) Social Security taxes
• D) borrowing

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Definitions:

Stress

A psychological and physical response to demands or threats, often characterized by feelings of tension, worry, and heightened arousal.

Hindsight Bias

The tendency to believe, after learning an outcome, that one would have foreseen it, often referred to as the "I-knew-it-all-along" phenomenon.

Confirmation Bias

Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

Counterfactual Thinking

The mental process of imagining alternative scenarios and outcomes that didn't actually happen.