FP1 Obj 4 Test Review

FP1 Obj 4 Test Review

9th - 12th Grade

35 Qs

quiz-placeholder

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FP1 Obj 4 Test Review

FP1 Obj 4 Test Review

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Christine Glasner

Used 4+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which regulatory agency would be concerned with price fixing and unfair competitive prices?

Consumer Product Safety Commission

Federal Communications Commission

National Labor Relations Board

Federal Trade Commission

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Providing compensation to the unemployed and aid to dependent children are ways that the government intervenes in the economy to:

manage yearly spending

protect private property

improve public welfare

set safety standards

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a public good that is provided by government?

interstate highways

marketing research

new automobiles

private schools

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the positive effects that government regulation has on companies is that many of the laws are intended to provide companies with:

choices

obstacles

protections

restrictions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The two main sources of revenue used to pay the costs of government regulation are:

taxpayers and nontaxpayers

government and industry

taxes and borrowing

business and labor

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One way in which the government protects private property is by providing:

local government programs

federal reserves banks

fire insurance policies

patents or copyrights

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the reasons that has caused government’s role in business to expand is that:

costs of production have continued to increase

competition in the marketplace has increased

products have become very technical

people's attitudes have changed

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