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Government Economics

Authored by Scott Menoch

Social Studies

9th - 12th Grade

Used 5+ times

Government Economics
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of tax is a Regressive Tax?

Sales tax

Income Tax

Cooperate Tax

Import Tax

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the name for an item that nobody will create because you cant make any money doing it so the government takes over production because its so important

Inferior Good

Public Good

Consumer Good

Capital Good

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the name for the unintended consequences of an economic activity, good or bad

Externality

Side Effect

Internality

Causation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Eminent Domain?

The power of the Government to tax and spend

The power to take private property for the good of all

The power of the Gov. to control the supply of Money

The power to create laws and regulations to enforce safety standards

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Actions taken by the government to compensate persons monetarily who have been harmed by government action on inaction

Reparations

UBI

Affirmative Action

Restorative Justice

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are the Economic goals of the Federal Government

Low Inflation

Low Unemployment

Increased Economic Growth

High Tax Income

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Define Inflation

The Gradual Rise In Prices over Time

A decline in the value of your dollars

More dollars in circulation

High Demand chasing low Supply

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