Identify the Following Terms

question 53

Short Answer

Identify the following terms.
-Diocletian and Constantine

---

Definitions:

Social Security Taxes

Taxes collected from employees and employers to fund the Social Security program, which provides benefits for retired workers, disabled individuals, and survivors of deceased workers.

Levied

Imposed or collected, typically used in reference to taxes, duties, or fines by a governing authority.

Policymaking Process

The systematic approach involving identification, assessment, formulation, and implementation of policies aimed at addressing specific issues or achieving desired outcomes.

Federal Reserve System

The central banking system of the United States, responsible for monetary policy, regulating banks, maintaining financial stability, and providing financial services to depository institutions, the U.S. government, and foreign official institutions.