PFLE Exam review

Front

What is one role of the Federal Open Market Committee at the Federal Reserve?

Back

To make the majority of policy decisions.

Front

Lower prices and a greater variety of goods are a benefit of which economic system?

Back

Free-market

Front

The United States providing incentives to businesses to reduce waste is trying to obtain which of its economic goals?

Back

Economic Efficiency.

Front

You can prevent Identity theft by....

Back

Checking your bank statements.

Front

Between 1931 and 1935, 3.9 million Ukrainians starved to death under which economic system? Options: Capitalism, Socialism, Communism, Fascism

Back

Communism

Front

Between 2.5 million to 3.5 million North Koreans have starved to death under which economic system? Options: Capitalism, Socialism, Communism, Fascism

Back

Communism

Front

Between the spring of 1959 and the end of 1961 some 30 million Chinese starved to death under which economic system?

Back

Communism

Front

The downside to having investors in your small business is that...

Back

You must give up some control of your business

Front

A checking account with overdraft protection means that....

Back

If you spend more money than what is in your account, you will be charged a fee and required to pay your bank back.

Front

You do not need to file a federal tax return if...

Back

You did not earn income this year.