Suppose That in 2020 the Average Citizen's Federal Tax Bill

question 25

Multiple Choice

Suppose that in 2020 the average citizen's federal tax bill is $12,466,and total federal spending is $10,824 per person.In 2020,the federal government will have

• A)a budget surplus.
• B)a budget deficit.
• C)horizontal equity.
• D)vertical equity.

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Definitions:

Ribosomes

Cellular organelles that function as the site of protein synthesis, reading mRNA and assembling amino acids into proteins.

Ascocarp

The fruiting body of ascomycete fungi, where the spores, called ascospores, are produced within sac-like structures called asci.

Sporangium

Structure that produces spores.

Flagellated

Describes organisms or cells possessing one or more whip-like structures called flagella, used for movement.