Quiz 2

allows the government to break up companies with control of a market; prevents monopolies

(a)  

promotes fair competition; prevents false/deceptive advertising

(a)  

removal or relaxation of the rules affecting businesses within certain industries

(a)  

high startup costs or other obstacles which may prevent new competitors from entering an area of business

(a)  

created to protect the natural environment in which we live; stresses clean air, land and water; creates laws to prevent businesses from harming the environment

(a)  

percentage of total income deducted from a paycheck; graduated tax

(a)  

more money made, the higher percentage of taxes will need to be paid

(a)  

federal taxes paid on corporate profits; also imposed by state, local and foreign governments

(a)  

paid by businesses on land, structures and other property they own

(a)  

added to the price of goods and services at the time of purchase

(a)