Federal Budget Quiz

Federal Budget Quiz

9th - 12th Grade

23 Qs

quiz-placeholder

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Federal Budget Quiz

Federal Budget Quiz

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Medium

Created by

Carie Barry

Used 10+ times

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23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Once a year, the federal government is required to

spend all of its revenue.

create a budget.

have a deficit.

All of the above.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The federal budget process starts with

Congress.

The Department of Defense.

The President's Office.

None of the above.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The federal government obtains most of its revenue from

oil.

taxes and fees.

imports.

All of the above.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The two largest expenses for the federal government are

health programs (Medicaid and Medicare) and Social Security payments.

education.

transportation.

None of the above.

5.

DRAG AND DROP QUESTION

1 min • 1 pt

The federal government has a history of creating poor budgets and has been running for

(a)   for years

large surpluses

large deficits

balanced budgets

None of the above.

6.

DROPDOWN QUESTION

1 min • 1 pt

Approximately, how much was the national debt in 2022?

(a)  

$31 million

$31 billion

$31 trillion

None of the above.

7.

DROPDOWN QUESTION

1 min • 1 pt

The federal government borrows money from

(a)   (b)   (c)  

individuals.
foreign countries.
Itself (trust funds).
Mrs. Barry's savings account

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