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Unit 5 Pre-Test

Authored by kristen Lal

Social Studies

12th Grade

Used 5+ times

Unit 5 Pre-Test
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57 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What form of investment income is the result of a company distributing some/all of its profits to shareholders?

Capital Gain

Dividend

Interest

Premium

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

What are the types of taxes a person might pay?

Check all that apply.

Sales tax

Natural tax

Income tax

Property tax

Birth tax

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of these is a progressive tax?

airport tax

income tax

property tax

sales tax

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

What types of taxes contribute to Federal tax revenue? ( hint: choose 4 correct answers :)

Corporate Income Tax

Income Tax

Estate Tax

Excise Tax

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

a tax in which the tax rate increases as the taxable amount increases

progressive
regressive
flat
proportional

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _________ tax, also referred to as a flat tax, impacts low-, middle- and high-income earners relatively equally. 

regressive
proportional
income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under a ________ tax system, individuals and entities with low incomes pay a higher amount of that income in taxes compared to high-income earners. 

Regressive
Progressive
Proportional
Flat

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