Civics & Econ. - Units 3-4 Spring Final Review 2023

Under which economic system does the government own all or most factors of production?

Under which political ideology is there a belief that government should expand to fix the defects of capitalism?

The term _________ refers to the division of power in Congress.

Macroeocnomics studies household or individual economic choices.

In the _____ phase of the business cycle, unemployment is decreasing and GDP is increasing.

The American income tax system is regressive.

Voting in the United States in a legal duty.

Which part of the US federal government is responsible for implementing/enforcing policy?

One major way to combat inflation is to alter _____ policy, in which money supply is regulated through interest rates.

Which political ideology MOST advocates for deregulation of all individual choices?

Which of these is required for a public opinion poll to be trustworthy?

In a restaurant, servers, hosts, and chefs represent the ____ factor of produciton.

Which constitutional principle refers to the division of authority across levels of government?

When demonstrating supply and demand on a graph, the y-axis is ____ and the x-axis is ____.

When measuring DEMAND, a change in price leads to...

At the equilibrium price....

One key American value is ______, the notion that people want to have power and a voice in government.

Most people are politically socialized the most by _______.

According to the circular flow of economic activity in a mixed economy, households provide ______ to the government.

One way to improve your credit score is by paying off you credit card balance monthly.

One contributing factor to low voter turnout is the requirement that voters must first register.

Your ________ is the amount of money you earn before any taxes are deducted from your income.