______ Is a System of Government Based on a Constitution

question 73

Multiple Choice

______ is a system of government based on a constitution that limits the powers of the government.

• A) Constitutional democracy
• B) Legal democracy
• C) Constitutional law
• D) Criminal law

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Definitions:

Federal Income Tax

Federal income tax is a tax levied by the national government on individuals' and corporations' annual earnings, contributing to federal revenue.

Federal Budget Deficit

Occurs when a government spends more money than it receives from taxes and other revenues within a fiscal year.

Budget Deficits

Occurs when a government's expenditures surpass its revenues within a given fiscal period, necessitating borrowing or spending cuts.

Inheritance Tax

A tax imposed on individuals who inherit assets or property from a deceased person.