Economics Unit 3 study guid

Economics Unit 3 study guid

9th - 12th Grade

•

26 Qs

quiz-placeholder

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Economics Unit 3 study guid

Economics Unit 3 study guid

Assessment

Quiz

•

Other

•

9th - 12th Grade

•

Practice Problem

•

Hard

Created by

Keila P

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26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Taxes

A payment the government gives

 A payment by the people to the state

A payment that is required to pay

A federal check

A federal check

Answer explanation

Media Image

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Individual income tax

money that your employer gives you

Tax you pay from money you receive from various sources 

A tax you pay to grocery stores

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sin tax

A tax on clothes

A tax on goods

A tax that is meant to discourage consumers 

A property tax

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Property tax

taxes on your car

Taxes you pay on land you own

federal intitlement

Taxes you pay based on income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Excise tax

only on phone bill

Only on incom taxes

Only on property

Only on certain products same as sin tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Proportional tax

A tax for which the percentage of income paid changes for all incomes

a tax for which the percentage of income paid in taxes remains the same for all incomes

Taxing on foreign products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Progressive tax

income paid in taxes increases as income increases

income paid in taxes increases as income decreases

income paid in taxes increases as income stays the same

income paid in taxes increases as income decreases then increases

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