Labor, Monopolies, Taxes, Stock Market
Authored by Taylor Gardiner
Social Studies
11th Grade
Used 28+ times
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75 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are individual income taxes?
Includes wages, salaries, investments, or other forms of income an individual or household earns.
Includes profits that businesses have made
Includes your employers wages
None of the above
2.
OPEN ENDED QUESTION
3 mins • 1 pt
What are excise taxes?
Evaluate responses using AI:
OFF
Answer explanation
special taxes are goods like alcohol, smoking, gas, gambling, etc.
3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are property taxes?
Evaluate responses using AI:
OFF
Answer explanation
Taxes that property owners pay
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is Michigan's sales tax?
Evaluate responses using AI:
OFF
Answer explanation
6%!
5.
OPEN ENDED QUESTION
3 mins • 1 pt
Social Security and Medicare are examples of what type of Federal Spending?
Evaluate responses using AI:
OFF
Answer explanation
Mandatory Spending!
6.
OPEN ENDED QUESTION
3 mins • 1 pt
Defense and Education are examples of what type of Federal Spending?
Evaluate responses using AI:
OFF
Answer explanation
Discretionary
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a monopoly?
Only one supplier of a good or service
More than 1 supplier, but fewer suppliers
There are many suppliers that no company has leverage over another
None of the above
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