Role of Government Review

In a Mixed-Market Economy, individuals and businesses make decisions for the _

• public sector

• private sector

• business sector

In a Mixed-Market Economy, the government makes decisions for the -

• public sector

• private sector

• business sector

Individuals and businesses pay ___ to the government to pay for public goods and services.

• interest

• deposits

• taxes

• income

The government may borrow money from -

• private financial institutions

• savings and loans

• the Federal Reserve System

• FCC

This Amendment allows Congress to levy a tax on income.

• 16th

• 13th

• 6th

• 17th

The government raises revenue to pay for public goods and services through -

• taxes

• fees and fines

• borrowing

• None of the above

• All of the above

Local governments may also collect these types of taxes -

• pet and vacation

• stock and bonds

• property and sales

This government agency protects consumers from fraud and scams -

• Federal Reserve System

• Federal Trade Commission

• Environmental Protection Agency

• Federal Communications Commission

This government agency protects consumers from unwanted or inappropriate use of public broadcast transmissions -

• OSHA

• Food and Drug Administration

• Consumer Product Safety Commission

• Federal Communications Commission

The ___ regulates private financial institutions to protect investments and deposits, and to monitor stability within the banking system.

• Fed

• FBI

• FCC

• FDA