CE.13/14 Review Quiz

Which action represents a way the federal government can promote business competition?

• punishing polluters

• regulating investors

• enforcing tariffs

• prohibiting monopolies

Schools and highways are considered public services because they-

• encourage cooperation between the government and individuals

• provide benefits to many people

• are funded through individual investments

• are created by large corporations

Which of the following would be considered a public good and service?

• mailman

• vet

• taxi cab driver

• pizza delivery

What did the 16th Amendment create?

• Equal Rights

• Voting Rights

• Income Taxes

• Freedom of Speech

Which of the following actions the government can take to increase the amount of funds available for businesses?

• Borrow money

• Lower taxes

• Balance the budget

• Reduce consumer demand

What is the relationship between government spending and employment?

• Increased spending = Increased employment

• Decreased spending = Decreased Unemployment

• Increased Spending = Decreased Employment

• Increased Spending = Increased Unemployment

A goal of the Federal Reserve is to -

• set the tax rate

• maintain the interest rate

• provide tax money to the government

• keep the economy stable

How do federal agencies protect consumers?

• They ask the Supreme Court to research businesses

• They write contract for consumers

• They establish guidelines for public health and safety

• They approve all consumer contract before they take effect

United States currency is created by -

• the Stock Market

• banks

• businesses

• the government

The monetary system in the U.S. is successful because of -

• the confidence of the consumer in the U.S. government

• the ability of businesses to issue money

• the stock market's prices on shares of corporations

• the supply and demand of the U.S. dollar in other countries