SOL CE.13 Question Preview (ID: 37861)


SOL 13a-f. TEACHERS: click here for quick copy question ID numbers.

The acronym EPA represents the-
a) Environmental Protection Agency
b) Environmental Permission Agency
c) Energy and Petroleum Agency
d) Energy Protection Agency

The government enforces antitrust law in order to-
a) promote competition
b) create government services
c) create private services
d) promote monopolies

Which government agency would most likely protect the American consumer?
a) Federal Trade Comission
b) Environmental Protection Agency
c) Central Intelligence Agency
d) Federal Bureau of Investigation

Products and services that are used by everyone and are provided by the government are-
a) public goods
b) private goods
c) public policy
d) private policy

Increased government spending on public goods and services-
a) increases demand
b) decreases demand
c) lowers taxes
d) decreases production

Increased government borrowing-
a) reduces money available for individuals to borrow
b) lowers taxes for citizens
c) increases money available for individuals to borrow
d) has little impact on the economy

What is the central bank of the United States called?
a) Federal Reserve
b) Federal bank
c) National Credit Union
d) National Savings and Loan

The goal of the Federal Reserve system is to-
a) keep the economy stable
b) set the tax rate
c) maintain high interest rates
d) provide tax money to the government

Private property is protected by-
a) enforceable contracts
b) the Federal Reserve
c) the Security Exchange Commission
d) the Federal Trade Commission

All of the following are types of money used in the United States except-
a) Federal Reserve bank
b) coins
c) currency
d) accessible bank deposits

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