CE 13/14

The government enforces antitrust laws in order to --

• create private services

• create government services

• promote monopolies

• promote competition

The acronym EPA represents the —

• Environmental Protection Agency

• Energy Protection Agency

• Environmental Permission Agency

• Energy and Petroleum Agency

The acronym FCC refers to the —

• Federal Communications Commission

• Federal Contract Commission

• Federal Corporate Contacts

• Federal Commerce Committee

Products and services that are used by everyone and are provided by the government are called - 

• public goods

• public policy

• private policy

• private property

What is the payment made by individuals and corporations based on income received called?

• revenue tax

• stealing

• income tax

• tuition

The government pays for public goods and services through.- 

• revenue from the lottery

• donations from foreign nations

• donations from wealthy politicians

• revenue from sales and income taxes

When the government lowers taxes -- 

• national resources are depleted

• consumers have more money to spend

• national wealth decreases

• international trade decreases

Increased government borrowing -- 

• reduces money available for individuals to borrow

• increases money available for individuals to borrow

What is another name for Federal Reserve notes? 

• services

• currency

• savings

• checking

The Federal Reserve -- 

• Market across the globe

• a tax levied on buildings and land

• Federal Trade Commission

• the central banking system of the United States