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State Percent Because the State of _______________ Has Such a High

question 10

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State percent Because the state of _______________ has such a high percentage of adults 65 and older,political candidates put heavy emphasis into making promises about Medicare and Social Security when they campaign there.


Definitions:

Exempting Interest

The act of not subjecting interest earnings to taxation under certain conditions.

Loanable Funds

This term refers to the funds available for borrowing in the economy, which includes savings and any capital available for lending to others for investment.

Taxation

The practice of a government collecting revenues from individuals and businesses to fund public services and infrastructure.

Loanable Funds

A marketplace where individuals who save provide capital for those in need of loans.

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