If You Are Eligible to Receive a Tax Refund,you Will

question 132

True/False

If you are eligible to receive a tax refund,you will have to file a tax return to get the refund.

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Definitions:

U.S. Consumption

This term refers to the total value of all goods and services consumed within the United States over a specific time period.

Government Purchases

Expenditures by the government on goods and services that directly consume resources or are used in the production of public services.

GDP

Stands for Gross Domestic Product, which is the total value of all goods and services produced within a country's borders in a specific time period and a key indicator of economic health.

Net Exports

The financial difference between what a country sells abroad and what it buys from other countries, representing its trade balance.