WorksheetsCivics SOL Review CE.13
Total questions: 34
Worksheet time: 15mins
The Federal Communications Commission regulates which industry in the United States?
airlines
energy
television and radio broadcast stations
professional sports
The United States government enforces anti-trust laws to -
discourage monopolies.
limit competition.
increase taxes.
provide additional public goods and services.
The radio disc jockey on Z104 aired a portion of his/her broadcast that was inappropriate and against the law. Which governmental regulatory agency will most likely levy a fine and/or penalty against the radio station?
Federal Trade Commission
Federal Communications Commission
Consumer Protection Safety Commission
Federal Deposit Insurance Corporation
If the state of Virginia decided to buy and sell goods with a foreign company, which governmental regulatory agency would be required to approve the venture?
Environmental Protection Agency
Interstate Commerce Commission
Securities and Exchange Commission
Federal Trade Commission
All are ways the government promotes marketplace competition except -
encouraging businesses to start.
passing and enforcing laws in order to prevent monopolies.
participation in global trade.
limiting small business start-up loans.
Taxes and borrowed funds are two ways that the government provides -
vacations.
news conferences.
public goods and services.
bonuses.
National Defense, Public Safety Officers, and the Postal Service are all examples of -
goods and services provided by the government.
private businesses that serve our communities.
goods and services we pay for on an as needed basis.
private businesses that are owned by individuals.
Public goods and services are those things the government provides for us because -
everybody needs them.
we are unable to provide them for ourselves.
there is a government budget surplus.
monetary policy is not working to promote economic growth.
Select all of the ways governments pay for public goods and services.
taxes
donations
fees
fines
borrowing
The government gets involved in taxing, spending, and borrowing to -
provide bureaucratic positions for citizens.
influence economic activity.
ensure all citizens are paying the same amount of taxes.
provide health insurance.
Which amendment authorizes Congress to tax citizens' incomes?
Seventh
Second
Ninth
Sixteenth
Fourteenth
What is the FED?
Federal Reserve Rate
Federal Reserve System
Federal Bank
Federal Employment Division
What are the primary responsibilities of the FED? (Select all answers that apply.)
Maintain the value of U.S. currency
Set up checking and savings accounts for individuals and businesses
Try to keep inflation low and stable
Manage the amount of money in the economy
Act as the federal government's bank
The right of private ownership is -
protected by contracts with the force of law.
restricted to people age 18 and up.
not recognized in the Constitution.
denied if you are convicted of a felony.
Government agencies establish regulations to -
collect taxes and fees.
protect public health and safety.
satisfy the demands of Congress.
gain support for political parties.
irritate and annoy individuals and businesses.
Fran has ordered a sweater for her sister from a catalog. She charges the price to her credit card, but the sweater never arrives and the catalog company refuses to send it to her. What can Fran do?
Have the catalog company's president arrested.
Seize the catalog company's property.
Sue the catalog company for fraud.
Have her Congressman shut down the catalog company.
There is nothing she can do. She's out of luck.
People accept coins and currency issued by the United States government in exchange for goods and services because they -
can no longer barter.
refuse to use personal checks.
have no other type of money.
have confidence in the government.
What are the three types of money used in the United States? (Select 3.)
internet banking
credit cards
coins and currency
deposits in bank accounts
debit cards
Which government agency oversees investments like stocks and bonds?
FCC
FTC
EPA
SEC
FDA
How does the government promote and encourage competition in the U.S.?
(Select all answers that apply.)
Establish and enforce antitrust legislation
Enact policies that encourage global trade
Tax incomes of citizens
Support business start-ups
Provide public goods and services
Money acts as a…
(Select all answers that apply.)
debt
store of value
measure of value
medium of exchange
service
Which government agency makes the public aware of unexpected hazards of products on the market?
CPSC
OSHA
EEOC
FDA
EPA
Which government agency deals with workplace safety issues to reduce on-the-job injuries and health hazards?
CPSC
OSHA
EEOC
FDA
EPA
Which government agency studies and sets rules for everything we eat, drink, and apply to our skin?
CPSC
OSHA
EEOC
FDA
EPA
Which government agency protects our nation's natural resources?
CPSC
OSHA
EEOC
FDA
EPA
Which government agency fights job discrimination?
CPSC
OSHA
EEOC
FDA
EPA
Which tax is a main source of revenue for the federal government?
sales tax
property tax
income tax
What are two key sources revenue for state governments? (Select 2.)
sales tax
property tax
income tax
What are two key sources revenue for local governments? (Select 2.)
sales tax
property tax
income tax
Which is a tax on individuals and businesses, based on income received?
sales tax
property tax
income tax
Which is a tax levied on land, buildings, boats, and cars?
sales tax
property tax
income tax
Which is a tax consumers pay on items they purchase?
sales tax
property tax
income tax
What does federal government revenue pay for?
(Select all answers that apply.)
national defense and homeland security
road construction
Medicare and payments to Social Security recipients
public education
interest payments on the national debt
What does state and local government revenue pay for?
(Select all answers that apply.)
public health and welfare
road construction and repair
public safety (fire and police departments)
public education
interest payments on the national debt
