Unit 2 Review: Economic Indicators

Explain the position the politicalc artoon is taking on the national debt? (Use at least 2 complete sentences)

In the past 12 months how have prices of US goods changed? Whivh have increased, decreased, or stayed the same? Explain why you think so. (Use full sentences)

What opinion does the political cartoon have about the Trump administration's international tariffs? (Write at least 2 full sentences)

What is a W-4?

• A group of stocks

• Health insurance application.

• Retirement savings plan

• Paycheck witholding form for taxes

Which events lead to tax deductions at the end of the year?

• Marriage

• Job promotion

• Death of a loved one

• Graduating high school

When is the deadline to file your taxes this year?

What happens if you don’t pay your taxes at the end of the year? (Have fun with the drawing!)

Which of the following IS NOT a possible result from international tariffs?

• Prices for foreign goods will rise

• Quality of foreign goods go up

• Americans will be buy more American products

• Other countries will set retaliatory tariffs

What does the graph reveal about Americans’ feelings about the economy in 2025?

• Most Americans are hopeful about the economy

• Many Americans are experiencing homelessness

• Only a few Americans have positive feelings about the economy

• Only a few Americans care about the economy

Which is NOT a source of federal revenue? (How does it make money?)

• Customs and duties

• Sales tax

• Corporate Income tax

• Income tax