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If Paychecks Could Talk

Authored by Quinnin Criss

Business

12th Grade

If Paychecks Could Talk
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9 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is the main reason the character's take-home pay is lower than expected?

Bank fees

Taxes

Health insurance deductions

Incorrect paycheck calculation

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What are FICA taxes used to fund?

Military expenses

Earned benefits like Social Security and Medicare

Education

National parks

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What happens when the government spends more than it takes in?

It increases FICA taxes

It stops funding the military

It reduces spending on education

It has to borrow money

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What portion of discretionary spending goes to the military?

57%

6%

25%

75%

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is mandatory spending required by?

The President's discretion

Law

Public opinion

Annual budget proposals

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What does discretionary spending include?

Social Security payments

FICA taxes

Military funding

Interest on national debt

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

How much did folks in Colorado receive on average from the federal government in 2010?

$4,081

$5,000

$3,500

$2,000

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