CE SOL 13 updated

Which government agency would investigate spills in rivers and pollution concerns?

• Environmental Protection Agency (EPA)

• Federal Trade Commission (FTC)

• Federal Communications Commission (FCC)

• Federal Gardening Group (FGG)

Which of the following is NOT one of the reasons states and nations trade

• to create jobs

• to provide benefits to many people

• to buy goods and services at a lower cost

• to sell goods and services to other countries

Our private ownership rights are protected by

• honor system

• negotiated contracts

• money supply

• a handshake

As citizens of the fUS we have the right to own private property, this property is protected by---that are enforced by law

• security guards

• government bonds

• negotiated contracts

• secret service agents

The main job of the Federal REserve System is to regulate-----

• business firms

• the money supply

• unions

• houses

This is a tax individuals and businesses pay based on the amount of money they have received in a year.

• property tax

• value added tax

• income tax

• sales tax

What are two ways the government provides public goods and services?

• tax revenue and borrowed funds

• sporting events and carnivals

• science and invention

• the government does not provide public goods and services

Regular goods and services are different from public goods and services because public goods and services are----

• scarce

• provided by the government

• only for wealthy people

• part time

What are two ways the government promotes marketplace competition?

• stop spending and borrowing

• engage in global trade and support business start-ups

• creating monopolies and stock holdings

• add new taxes and regulate foreign trade

Who uses tax revenue to provide public goods and services?

• businesses

• companies

• individuals

• government