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Practice Reading: Fill in the Blanks (Dropdown) ID: #49352 Tax Credits
Instructions ›
Below is a text with blanks. Click on each blank, a list of choices will appear. Select the appropriate choice for each blank.
As  the  new  year  begins,  a    of  popular  electric  vehicles,  specifically  some  Tesla  and  General  Motors  models,  could  be  eligible  for  $7,500  worth  of  tax  credits  they  weren’t  eligible  for  in  2022.  That’s  because  limitations  on  new  tax  credits    in  August  as  part  of  the  Inflation  Reduction  Act  won’t  be  put  into  force  all  at  once,  the  Treasury  Department  announced  this  week.  That  means  the  rules  will,  temporarily,  be  more  generous,  allowing  higher  tax  credits  on  more  electric  vehicles,  for  the  first  few  months  of  the  new  year.  Essentially,  the  tax  rules  are  designed  to    automakers  to  make  their  electric  vehicles  and  all  the  parts  of  those  vehicles,  as  much  as  possible,  in  the  United  States,  or  in  countries  with  which  the  US  has  trade  agreements.  They’re  also  designed  so  tax  credits  don’t  go  to  wealthy  Americans  buying  expensive  luxury  vehicles.  The  latest  announcement,  which  will  temporarily  open  up    tax  credit  money,  is  likely  mostly  a  good  thing  for  consumers.

Result:

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Correct answer: number

Explanation: The word 'number' fits grammatically as it refers to a countable quantity of electric vehicles, aligning with the context of discussing eligibility for tax credits. It is the most appropriate term to indicate a specific quantity in this context.

Meaning: 'Number' refers to a quantity or count of items, in this case, the popular electric vehicles eligible for tax credits.

Wrong options:

  • population: 'Population' refers to a group of individuals or organisms, which does not fit the context of vehicles eligible for tax credits as it implies a broader demographic rather than a specific count.
  • category: 'Category' implies a classification or group type, which does not convey the idea of a specific count of vehicles, making it contextually inappropriate here.
  • figure: 'Figure' can refer to a numerical representation but is often used in a more abstract sense, making it less suitable than 'number' for indicating a specific count of vehicles.
Correct answer: enacted

Explanation: The word 'enacted' is the correct choice as it indicates that the limitations on tax credits were officially put into law, fitting the context of legislative action. It aligns with the past tense used in the sentence, indicating a completed action.

Meaning: 'Enacted' means to make a law or regulation official, which in this context refers to the implementation of new tax credit limitations.

Wrong options:

  • abstracted: 'Abstracted' means to remove or take away, which does not fit the context of implementing tax credits as it implies a negation rather than an establishment of rules.
  • attracted: 'Attracted' implies drawing attention or interest, which is not relevant to the context of legal implementation of tax credits.
  • redacted: 'Redacted' means to edit or remove text from a document, which does not apply to the context of enacting laws or regulations.
Correct answer: incentivize

Explanation: The term 'incentivize' is appropriate as it conveys the idea of encouraging automakers to produce electric vehicles, fitting the context of the tax rules designed to promote certain behaviors. It aligns with the intended meaning of motivating action.

Meaning: 'Incentivize' means to provide motivation or encouragement to do something, in this case, to encourage automakers to produce electric vehicles domestically.

Wrong options:

  • restrain: 'Restrain' means to hold back or limit, which contradicts the purpose of the tax rules that aim to encourage production rather than limit it.
  • intimidate: 'Intimidate' means to frighten or make someone feel afraid, which is not relevant to the context of encouraging production of vehicles.
  • civilize: 'Civilize' means to bring to a state of social and cultural development, which does not fit the context of motivating automakers in a financial sense.
Correct answer: more

Explanation: The word 'more' is the correct choice as it indicates an increase in the amount of tax credit money available, fitting the context of the sentence which discusses the expansion of tax credits. It is grammatically correct as it modifies the noun 'money.'

Meaning: 'More' refers to a greater quantity or amount, indicating an increase in the tax credit funds available for consumers.

Wrong options:

  • most: 'Most' implies the greatest amount or degree, which does not fit here as the context is about increasing the amount rather than indicating the highest level of something.
  • many: 'Many' refers to a large number but does not fit grammatically as it does not modify 'money' appropriately in this context.
  • much: 'Much' is typically used with uncountable nouns and does not fit well with 'tax credit money' in this context, where 'more' is the correct comparative form.

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