Financial Literacy
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Last updated over 6 years ago
6 questions
1
A tax on retail items based on a set percentage of retail cost. What type of tax is this?
A tax on retail items based on a set percentage of retail cost. What type of tax is this?
1
Taxes that are paid by the employer.
Taxes that are paid by the employer.
1
Tax paid by you when you work and receive a paycheck.
Tax paid by you when you work and receive a paycheck.
1
What is the difference between gross income and net income?
What is the difference between gross income and net income?
1
Nelly purchased some land and will one day build a house on it. Which term best describes the tax she will pay on the land?
Nelly purchased some land and will one day build a house on it. Which term best describes the tax she will pay on the land?
1
John's expenses are less than his income. What are two different ways he can balance his budget?
John's expenses are less than his income. What are two different ways he can balance his budget?