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Graphs such as bar graphs and pie charts are limited in that they
Transfer Payments
Payments made by the government to individuals or entities without any service or goods being received in return, such as social security benefits.
Property Tax
Taxes levied by governments on property owners based on the value of their property, including land and buildings.
Regressive
Pertaining to a tax system where the tax rate decreases as the taxable amount increases, leading to a higher tax burden on lower-income earners.
Government Expenditures
The total amount spent by the government on goods, services, and public projects.
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