Uploaded by Bria Dewberry

Econ vocab

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Name:
Date:
Period:
Economics
Topic: Government and the Economy
Bell Ringer: In your own words define and explain what a government purchase,
government transfer of payment, and government interest payment is.
Assignment: In your own words define the vocab words below
Tax:
Revenue:
progressive tax:
proportional tax:
regressive tax:
individual income tax:
corporate income tax:
property tax:
Internal Revenue Service:
taxable income:
personal exemption:
tax credit:
tax incentive:
W-2 Form:
1040 Form:
FICA:
Treasury bill:
Name:
Date:
Period:
Treasury Note:
Treasury bond:
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