PSB Unit 4 Quiz
Authored by Dana Garrett
Social Studies
9th - 12th Grade
Used 205+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GDP slows or declines for 6 straight months.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Borrowed money in which you pay back what you owe, plus interest, in structured monthly payments of the same amount
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The gradual increase in prices over time.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are taxes on items such as homes, automobiles, and recreational vehicles.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are taxes on retail products, based on a set percentage of retail cost. Kentucky’s is 6%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are taxes on products such as such as gasoline, tires, telephone services, and tobacco products. Also known as luxury taxes or sin taxes.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are taxes on earned salaries and business profits. This is the largest source of federal revenue.
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