Government and the Economy

Government and the Economy

4th Grade

11 Qs

quiz-placeholder

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Government and the Economy

Government and the Economy

Assessment

Quiz

Business

4th Grade

Medium

Created by

Cormaccc Doohan

Used 1+ times

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11 questions

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1.

MULTIPLE SELECT QUESTION

3 mins • 1 pt

The government is involved in the economy for a number of reasons

Regulate the economy

Create jobs and collect taxes

Support enterprise

Stop individuals opening businesses

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

The governments main sources of income is?

Taxation

Bus Eireann fares

Donations

Fundraising

3.

MULTIPLE SELECT QUESTION

3 mins • 1 pt

Which 3 does a person working as a teacher get deducted from their wage?

PAYE

USC

Corporation tax

PRSI

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Corporation tax is tax on _______ _______

Company wages

Company profits

Company loss

Company shares

5.

MULTIPLE SELECT QUESTION

3 mins • 1 pt

Other sources of government revenue

Privatisation

Dividends

EU funds

Fundraisers

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

An example of government current income

Taxation

EU Funds

Child benefit

LUAS extension

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If I go into a shop and have €2, I buy a twix bar but could have bought a mars bar instead. Which is the opportunity cost?

Twix

Mars

Both

None

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