Unit 7 Test Review

The IRS check some tax returns more than others during this process

This is the term for multiple corporations run as one business

The social class between the aristocracy and proletariat class-- the Middle Class

The goal of urban renewal

The office responsible for preparing the national budget

This exists when one corporation dominates a particular industry

Which of the following include the basic factors of production

OASDI, Medicare and unemployment compensation are all type of

5 Member nations hold the veto power in the UN

This allows nations to send and receive diplomats

One concern that socialists have about capitalism is that

A 12 month accounting period is called

A major feature of American foreign policy since WWI has been

Private enterprise and gov coexist in American economic life, the economic system is called

The yearly sum of goods and product in a country is called

Uncontrollables are

A deficit is

The 15 members of the ___ work together to maintain International peace

Private individuals and companies decide what products to make and how much to charge in a

Type of government where all means of production are owned by the gov

The power to raise revenue and pass appropriations is the power of

This type of Tax is based on your ability to pay

An individual's income, minus certain deduction and personal exemptions is called the

This is a court order that prevents an action from taking place

The Federal Gov. Can

The largest source of federal revenue from taxes comes from

The duties of the customs and immigration service (formerly the INS) include

The largest entitlements program

A representative appointed by the President to represent the nation in matters of diplomacy

All of the following are examples of foreign aid EXCEPT

Which does NOT accurately describe the secretary of defense

All of the following have communist gov. except

Today the largest area of federal spending is for