EPF Benchmark Review

Front

The point where quantity demanded equals the quantity supplied

Back

Equilibrium point

Front

Which tax is a tax on investments?

Back

Capital gains tax

Front

Local property taxes would pay for which of the following: State Troopers, Governors, Local Park, Interstates?

Back

Local Park

Front

Medicare and Social Security are paid through payroll taxes to cover what?

Back

support of elderly Americans - healthcare and social security

Front

the right of a government to take private property for public use, with payment of compensation.

Back

Eminent domain

Front

If we see an increase in housing being built and unemployment going down where are we in the business cycle?

Back

Expansion

Front

What fiscal policy would be used if we have out of control high inflation?

Back

reduce government spending

Front

Which government regulatory agency helps protect consumers from unfair business practices?

Back

Federal Trade Commission (FTC)

Front

Which government regulatory agency insures your bank deposits?

Back

Federal Deposit Insurance Corporation (FDIC)

Front

an official ban on trade or other commercial activity with a particular country

Back

embargo