INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 150

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select
-If your budget shows a deficit,[increase income | increase expenses] to regain balance.

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

---

Definitions:

Government

The organization or system through which a community, state, or nation is ruled, and which sets and enforces laws and policies.

Tax

A mandatory contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.

Burden

A heavy load, often referring to the impact or cost of something on individuals or society.

Buyers

Individuals or entities that purchase goods or services for personal use or for the purpose of reselling.