
The U.S. Economy
Authored by Uzma Bashir
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13 questions
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1.
OPEN ENDED QUESTION
30 sec • Ungraded
LAST Name
Evaluate responses using AI:
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2.
OPEN ENDED QUESTION
30 sec • Ungraded
First Name
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OFF
3.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
Are you using the study guide you created to help you on this test?
Yes
No
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The price of a Life is Good t-shirt is $28. But, the final amount you have to pay is $29.48. Why do you have to pay more?
You must pay an INCOME tax on the shirt.
You must pay a SALES tax on the shirt.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is NOT a type of money stores accept in the United States?
Coins
Checks or Debit Cards
Stocks
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Life is Good clothing company can CHOOSE what to make and how much to charge for their clothing and the government can't tell them what to do. Why?
The US has Free Enterprise.
The US has Private Property Ownership.
The US has Profit Motive.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Life is Good company OWNS the pictures on their clothing, the materials to make their clothes and all of the clothing they create. Why?
The US has Free Enterprise.
The US has Private Property Ownership.
The US has competition.
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