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A. Fiscal reforms
B. Taxation 133. Refers to a diesel- equivalent,
C. Overspending processed fuel derived from biological
D. Fiscal deficit sources.
B. Police Power
C. Power of Taxation a. Separation of States and Church
D. Emergency Powers b. Empowerment of the People Power
c. Recognition of Family as basic social
145. It is the power of the State to impose institution
charge or burden upon persons, property d. Empowerment of Suffrage
or property or rights for the use and
support of the government and to enable 148. The measurement of the total value
it to discharge its’ appropriate functions. of the country’s economic production
a. Gross National Product (GNP)
A. Eminent Domain b. National Income
B. Police Power c. Net National Income
C. Taxation d. Per Capita Income
D. Constitution Powers
E. Expropriation 149. The major purpose of taxation.
a. provides State Income
146. It is the power to apply the law to b. redistribute the monetary resources
contest or disputes concerning legally c. lessen the disposable income
recognized rights or duties between the d. controls financial deficit
State and private persons brought before
the judiciary. 150. A policy that controls taxes and
government expenditures
A. Executive Powers
B. Legislative Powers a. monetary policy
C. Judicial Powers b. fiscal policy
D. Constitutional Powers c. trade policy
E. Police powers d. investment policy