Which of the Following Uses of Tax Revenues Collected by the Government

question 133

Multiple Choice

Which of the following uses of tax revenues collected by the government leads to increased capital deepening in the United States?

• A) providing food to a nation suffering from a famine
• B) foreign aid given to Mexico to build new schools
• C) higher salaries for members of Congress
• D) subsidizing airport construction in Seattle

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Definitions:

Merchandise Inventory

Goods held for sale by a business, typically in a retail or wholesale setting, valued at either cost or market price.

Building Contractors

Businesses or individuals that oversee the construction of buildings or structures, managing materials, labor, and compliance with regulations.

Monthly Depreciation

The portion of the cost of a tangible fixed asset that is considered consumed or used up in the operations of a business each month.

Master Budget

An inclusive financial planning document that consolidates all individual budgets related to sales, cost of goods sold, operating expenses, assets, liabilities, and cash flows.