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Outdated skills due to technological advancements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