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Regulatory Agencies

Total questions: 11

Worksheet time: 16mins

Name
Class
Date
1.

Which agency makes sure we are safe at work?

a)

FDA

b)

FTC

c)

OSHA

d)

EPA

2.

This agency makes sure that our medication is safe

a)

FTC

b)

FDA

c)

EPA

d)

OSHA

3.

This agency makes sure our air and water sources are protected and safe.

a)

FTC

b)

EPA

c)

FDA

d)

OSHA

4.

This agency makes sure that businesses are fair and honest

a)

FTC

b)

FDA

c)

EPA

d)

OSHA

5.

Which agency insures accounts at commercial banks and has the power to take over failed commercial banks?

a)

Federal Deposit Insurance Corporation (FDIC)

b)

National Credit Union Administration (NCUA)

c)

Securities Investor Protection Corporation (SIPC)

d)

Securities and Exchange Commission (SEC)

6.

What role do regulatory agencies play in the bureaucracy?

a)

Providing military defense

b)

Creating educational content

c)

Enforcing rules and regulations in specific industries

d)

Advising the President

7.

Which agency operates as the nation's central bank and serves to ensure that adequate amounts of currency and coins are in circulation?

a)

The U.S. Mint

b)

The Bureau of Engraving and Printing

c)

The Office of the Comptroller of the Currency (OCC)

d)

The Federal Reserve

8.

Which agency is responsible for collecting income taxes and administering audits?

a)

Internal Revenue Service (IRS)

b)

Department of Labor

c)

Congress

d)

Financial Crimes Enforcement Network (FINCEN)

9.

Which agency makes sure that airplane travel is safe?

a)

Federal Trade Commission (FTC)

b)

Food and Drug Administration (FDA)

c)

Federal Communications Commission (FCC)

d)

Federal Aviation Administration (FAA)

10.

Which of these government agencies would be responsible for developing proposals to preserve wetlands, such as swamps, bogs, and marshes?

a)

Environmental Protection Agency (EPA)

b)

Federal Trade Commission (FTC)

c)

Federal Communications Commission (FCC)

d)

Food and Drug Administration (FDA)

11.

Which of the following problems would most likely be regulated by the Food and Drug Administration (FDA)?

a)

A factory has been letting toxic chemicals seep into the soil.

b)

Several children have become ill after drinking baby formula.

c)

During bad weather, hundreds of passengers are stranded in airports.

d)

An unlicensed radio station has begun operating, interfering with another station's signal.