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Unit 10 Test Review Flashcards | StudBud
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Unit 10 Test Review
Unit 10 Test Review
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1
Banks encourage us to save and invest our money by paying ____________ on deposits.
fees
legislation
interest
taxes
2
Protects consumers from deceptive ads
OSHA
FTC
FCC
SEC
3
Which is NOT a type of money used in the US?
Coins
credit cards
Currency
Bank deposits (checks & debit cards)
4
Protects people in the workplace
OSHA
FTC
SEC
FCC
5
A tax levied on land, buildings, boats, or cars
Property
Income
Sales
6
A tax consumers pay on purchases
Sales
Income
Property
7
In the circular flow of economic activity, money flows from individuals to businesses when individuals--
pay taxes
pay the government
buy products
use public goods and services
8
Responsible for all content on tv or radio.
FCC
FTC
SEC
OSHA
9
The headline above describes a case involving-
property rights
civil rights
employee rights
consumer rights
10
Who protects the environment?
EPA
FDA
SEC
OSHA
11
FCC, FTC, & SEC are all agencies that promote marketplace competition.
True
False
12
Who regulates the banks?
The Federal Reserve
The Local Government
OSHA
Department of Treasury
13
Who establishes guidelines that protect public health & safety
EPA
FDA
OSHA
SEC
14
The US encourages marketplace competition by supporting monopolies
False
True
15
Which is NOT a way that state & local govts spend their revenue?
Police
Road Repair
Public Schools
Grocery Stores
16
Best title?
Reasons States & Nations Trade
Actions of Interest Groups
Characteristics of a Mixed Economy
Characteristics of a Command Economy
17
Regulates the stock market & protects investors
FTC
SEC
FCC
OSHA
18
A tax individuals & corporations pay on wages received
Property
Sales
Income
19
What type of innovations have helped with our global economy?
printing money
corporations
technology
banks
20
Who uses tax revenue from businesses and individuals to provide public goods and services?
Government
Banks
Monopolies
Credit Unions
21
Most goods and services provided by the government-
would cost the same if businesses provided them
would be provided by businesses if the government did not provide them
benefit many people at one time
beneift businesses more than people
22
Which of the following is not a way the US government pays for public goods and services?
borrowing money
printing more money
fees and fines
taxes
