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CE.12-14 Test Review #2
Test Description: CE.12-14 Test Review #2
Instructions: Answer all questions to get your test result.
1) Which of the following is true of interstate highways and national defense?
A
Offer protection to citizens
B
Provide benefits to many people
C
Owned by private companies
D
Earn money for the government
2) Colin and Isaac graduated from high school the same year.Isaac went to college,and Colin entered the workforce right out of high school.In the future,Isaac is more likely to
A
quit his job
B
complete a self-assessment
C
buying a car
D
earn a higher salary
3) Which government agency would most likely protect the American consumer?
A
Federal Military Commision
B
Environmental Protection Agencg
C
Federal Trade Commission
D
Federal Communications Commission
4) One goal of the Federal Reserve is to
A
increase income taxes
B
keep inflation high
C
increase value of other currencies
D
ensure the stability of the banking system
5) Which solution will have the biggest impact if a consumer's rights have been violated?
A
Interview for the newspaper
B
take legal action
C
Write a complaint letter
D
Boycott the company
6) The monetary system in the United States is successful because of
A
the confidence of the consumer in the U.S. economy
B
the stock market's prices on shares of corporations
C
the supply and demand for the United States dollar overseas
D
the ability of businesses to issue money
7) What is the main job of the Federal Reserve?
A
Regulate taxes
B
Maintain the value of the dollar
C
Regulate spending
D
Regulate business
8) When the government lowers taxes
A
national resources are depleted
B
national wealth decreases
C
consumers have more money to spend
D
international trade decreases
9) What is the best title for a list that includes strong work ethic, computer literacy, and positive attitude?
A
Characteristics that employers seek
B
National requirements for all jobs
C
Outdated skills due to technological advancements
D
Personal training courses offered by the Federal government
10) All of the following generally influence income EXCEPT
A
Education level
B
Government regulations
C
Supply and Demand
D
Skill level
11) The American government issues money to
A
enable the exchange of goods and services
B
compete against member of the European Union
C
become a self-sufficient nation
D
enable all citizens to be financially equal
12) Maria just graduated from high school. What is the first thing that Maria should do if she wants to begin the process of planning her career?
A
complete some type of self-assessment
B
find people willing to give her a positive recommendation
C
apply for as many jobs as she can find
D
take classes at a local community college
13) What is the best example of long-term financial planning?
A
Credit Cards
B
Paying for emergencies
C
Investments
D
Demonstrating a strong work ethic
*select an answer for all questions
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