Worksheets4.01 Financial Planning 2022
Total questions: 10
Worksheet time: 8mins
Which regulatory agency would be concerned with price fixing and unfair competitive prices?
Consumer Product Safety Commission
Federal Communications Commission
National Labor Relations Board
Federal Trade Commission
Providing compensation to the unemployed and aid to dependent children are ways that the government intervenes in the economy to:
manage yearly spending
protect private property
improve public welfare
set safety standards
Which is a public good that is provided by government?
interstate highways
marketing research
new automobiles
private schools
One of the positive effects that government regulation has on companies is that many of the laws are intended to provide companies with:
choices
obstacles
protections
restrictions
The two main sources of revenue used to pay the costs of government regulation are:
taxpayers and nontaxpayers
government and industry
taxes and borrowing
business and labor
One way in which the government protects private property is by providing:
local government programs
federal reserves banks
fire insurance policies
patents or copyrights
One of the reasons that has caused government’s role in business to expand is that:
costs of production have continued to increase
competition in the marketplace has increased
products have become very technical
people's attitudes have changed
The government can prevent unqualified persons from operating a business by:
refusing to grant them a licence
closing their bank accounts
helping their competitors
assessing extra taxes
When the government buys wheat to keep the price high enough for farmers to make a profit, it is:
encouraging the production of wheat
B. encouraging energy conservation.
industrializing the economy.
using price supports.
As the size and power of U.S. businesses have grown over time, the federal government's involvement in the U.S. economy has:
increased
decreased
stayed the same
become unimportant
