Which Fiscal Policy Would Make a Budget Surplus Larger or a Budget

question 71

Multiple Choice

Which fiscal policy would make a budget surplus larger or a budget deficit smaller?

• A) an increase in government purchases of goods and services
• B) lower government transfers
• C) lower taxes
• D) higher interest rates

Comprehend the types and purposes of questions in interviews.

Recognize the importance and structure of interview thank-you messages.

Identify best practices for responding to interview questions about weaknesses.

Learn the appropriate nonverbal behavior during interviews.

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Definitions:

Schedule E

A tax form used by landlords, S-corporation, partnerships, and other entities to report income and expenses from rental real estate, royalties, partnerships, S corporations, trusts, and residual interests in REMICs.

Rental Income

Income received from renting out property, such as buildings or land, which is usually subject to income tax.

Primarily Personal

Indicates the use of property or resource predominantly for the owner's personal purposes and enjoyment rather than for business or rental.

Personal/Rental

Relates to property used for both personal and rental purposes, requiring specific tax treatment and allocation of expenses for each use.