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Outdated skills due to technological advancements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