Stack the budget terms

Exercise and reference answers

Questions

1. Answer

   Deficit

   Question

   Spending exceeds taxes.

   Choices

   1. Deficit
   2. Surplus

2. Answer

   Surplus

   Question

   Taxes exceed spending.

   Choices

   1. Surplus
   2. Deficit

3. Answer

   Balanced budget

   Question

   Spending equals taxes.

   Choices

   1. Balanced budget
   2. Budget deficit

4. Answer

   Progressive

   Question

   Rate rises as income rises.

   Choices

   1. Progressive
   2. Regressive

5. Answer

   Regressive

   Question

   Rich pay a smaller share.

   Choices

   1. Regressive
   2. Progressive

6. Answer

   Proportional

   Question

   A flat percentage of wages.

   Choices

   1. Proportional
   2. Progressive

7. Answer

   Discretionary

   Question

   Needs a new law to change it.

   Choices

   1. Discretionary
   2. Automatic

Instructions

Tap the right answer to add a block. Too many mistakes and the tower falls.

Explanation