Answer:
I hope this helps :)
Explanation:
2) Taxes help an economy because they are used to pay for schools, police and defense. Another reason that taxes help the economy is because tax cuts can boost the demand by increasing the disposiable income and this also encourages buisnesses to hire and invest more.
1) Taxes are payments that are required to pay for local, state and national governments. Taxes are also for paying salaries of government workers.
3) Youth who attend public schools can receive advantages from tax dollars collected. When your child gets appropriate schooling in a good school organization, your personal standard of living is raised and so is your country, state, and comminity. Tax dollars assist households throughout the efforts of the Department of Health and Human services. Tax dollars will pay for public pretection for your area, they can be invested in police force and other law-enforcements.
4) budget is an estimate of income and expenditure for a set period of time. You can create a budget in a several steps, the first step is by calculating your net income, then track your spending and this can help with setting realistic goals. You will start to make a plan, then you will start to adjust you spening to stay on budget, lastly you will need to review your budget on a regualar basis. There are a few way to balance your budget, you will have to keep track of your income and expenses, always try to stay on top of your monthly bills, always be prepared to have some unexpected bills, try to avoid overspending and always figure out how much you need to save to meet your financial goals.
5) One similarity between personal and national budgets is it is to help manage the money they make and the money they spend. One difference between personal and national budgets is the national budgets is huge with alot of complicated expenses, but persoanl budgets one only has to worry about housing, food, transportation, and a few other expenses.
