Income and Taxes Review
Authored by Joseph Farrell
Other Sciences, Specialty
9th - 12th Grade
CCSS covered
Used 39+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement best describes the relationship between a person's educational level and that person's potential earning power?
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The total amount of earnings before any deductions are taken out
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The amount of salary received after taxes and deductions
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
With-holdings from paychecks that go to provide income support for people who are unemployed, disabled, or over age 65
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Bruce makes $100,000 per year.
Steve makes $50,000 per year.
Tony makes $30,000 per year.
Bruce pays 30% in taxes, Steve pays 20%, and Tony pays 10%. This tax is
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What form is used by your employer to allow them to withhold taxes from your paycheck?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When money is not used and goods and services are exchanges for other goods and services, this system is called? (hint think about World History)
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