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WorksheetsECON 3.3
Total questions: 10
Worksheet time: 15mins
The minimum wage was established at nation and state levels as the lowest legal wage that can be paid to the majority of workers.
True
False
U.S. Economic & Social Goals are likely to remain unchanged in the future.
True
False
Social Security is one example of how Americans have modified their free enterprise economy.
True
False
In general, people do not want their economic system to create as many jobs as possible.
True
False
Economic growth is necessary as a nations population increases.
True
False
What is the name of the federal health insurance program for senior citizens?
Social Security
Medicare
Medicaid
Social Care
Inflation causes people to ___________
work more to pay for basic necessities
take more time off work
work the same for the same pay
spend less for the same amount of products and services
Which of the following is currently considered one of the seven major economic goals in the United States?
conservation
preserving endangered species
clean environment
price stability
What is one of the benefits of economic equity?
conserving resources
living on a fixed income
receiving equal play for equal work
unemployment compensation program
Protection from layoffs,illness,injuries, or disability falls under the goal of __________.
economic equity
economic efficiency
economic growth
economic security
