https://padlet.com/kiley_harris/qx0cp1anaa2r Made with whimsy en-us 2019-04-30 14:53:54 UTC 2019-04-30 14:57:38 UTC hello@padlet.com kiley_harris https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355468144 Resource Allocation
Behavior adjustment
Productivity and growth]]> 2019-04-30 14:54:44 UTC https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355468144 kiley_harris https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355468401 a tax on a good or service raises the cost and the price. People respond by buying less of the product]]> 2019-04-30 14:55:09 UTC https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355468401 kiley_harris https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355468979 a tax deduction can encourage a purchase, such as the mortgage deduction
a sin tax can reduce consumption of socially undesirable products]]> 2019-04-30 14:56:00 UTC https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355468979 kiley_harris https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355469362 The actions of government play a major role in the flow of economic activity. The Federal Reserve System uses monetary tools to regulate the nations money supply and moderate the effects of expansion and contraction in the economy. Taxes also help economic growth by getting money from the people.]]> 2019-04-30 14:56:32 UTC https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355469362 kiley_harris https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355469505 Much of the federal government's spending is mandatory spending—required by existing law. The remainder of the budget is discretionary spending. Major categories of government spending include entitlements, such as Social Security and Medicare, defense, and interest on the national debt.]]> 2019-04-30 14:56:45 UTC https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355469505 kiley_harris https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355469611 2019-04-30 14:56:55 UTC https://padlet.com/kiley_harris/qx0cp1anaa2r/wish/355469611