During Richard Nixon's First Year in Office,the Percentage of Federal

question 34

Multiple Choice

During Richard Nixon's first year in office,the percentage of federal funds spent on domestic programs

• A)remained unchanged.
• B)decreased dramatically.
• C)fell to zero.
• D)decreased slightly.
• E)increased steadily.

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Definitions:

FICA Taxes

Taxes mandated by the Federal Insurance Contributions Act, which fund Social Security and Medicare, collected from both employers and employees.

FUTA Taxes

Federal Unemployment Tax Act taxes, which are payroll taxes paid by employers to fund the government’s unemployment benefits.

SUTA Taxes

State Unemployment Tax Act taxes, which are state unemployment insurance contributions that employers must pay to provide unemployment benefits to workers who have been laid off.

Gross Pay

The total amount of salary or wages earned by an employee before any deductions are made.