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__________ Is the Approach to Regulation in Which the Government

question 45

Multiple Choice

__________ is the approach to regulation in which the government tells business how to meet certain goals,makes sure these directions are followed,and punishes those who do not follow the orders.


Definitions:

FICA Taxes

Taxes imposed by the Federal Insurance Contributions Act, which fund Social Security and Medicare services.

Union Dues

Fees paid by workers to a union for membership and representation.

State Sales Tax

A tax imposed by a state on sales of goods and services, collected by the seller and passed on to the state government.

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