Suppose That in 2020 the Average Citizen's Federal Tax Bill

question 96

Multiple Choice

Suppose that in 2020 the average citizen's federal tax bill is $11,888 per person,and total federal spending is $13,997 per person.In 2020,the federal government will have

• A)a per person budget surplus of $2,109.
• B)a per person budget deficit of $2,109.
• C)horizontal equity.
• D)vertical equity.

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Definitions:

Conscious Awareness

The mental state of being fully present and aware of thoughts, feelings, sensations, and the environment.

Absolute Threshold

The minimum intensity of stimulus that can be detected by the sensory systems, below which the stimulus is not perceived.

Hearing Ability

The capability to perceive sound by detecting vibrations through an organism's ear or analogous sensory organs.

Improves

To become better or to make something better in quality, value, or performance.