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CE 13 Review #2
Test Description: SOL Review for CE 13
Instructions: Answer all questions to get your test result.
1) Consumers who feel their consumer rights have been violated have the right to...?
A
Take legal action.
B
Take matters into their own hands
C
refuse to pay for the good or service.
D
Demand that the government revoke the company's license.
2) What are consumer rights?
A
The protection buyers have when in a law suit.
B
Customers are always right.
C
The protection buyers have upon buying a product or service.
D
House fire protection.
3) The American Government issues money to...?
A
compete against the Chinese currency.
B
allow everyone to be equal.
C
allow the exchange of goods and services.
D
become a self-sufficient nation.
4) Which of the following are NOT types of money used the U.S.?
A
Coins
B
Banks
C
Federal Reserve Note
D
Deposits in banks
5) Higher taxes are usually a result of...
A
Increased global trade
B
Increased government spending
C
Decreased government spending
D
Increased consumer spending
6) When the government decreases borrowing, what is most likely to happen?
A
Consumers and businesses have more funds to borrow.
B
Government shuts down
C
Consumers and businesses have less funds to borrow.
D
Nothing happens.
7) Which of the following is NOT a way that the government gets money to provide public goods and services?
A
Through taxes
B
Through borrowing money
C
Through fees
D
Through donations
8) A poster with 'Save our Planet' would most likely be associated with what agency?
A
FTC
B
FCC
C
EPA
D
NRA
9) What happens when the government lowers taxes?
A
Pollution increases
B
Consumers and businesses have more money to spend.
C
Consumers and businesses have less money to spend.
D
Global trade decreases
10) What happens when the government decreases spending?
A
Taxes and employment increase
B
Production increases
C
Nothing happens
D
Taxes and employment decrease
*select an answer for all questions
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