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SOL CE.13
Test Description: SOL 13a-f
Instructions: Answer all questions to get your test result.
1) The acronym EPA represents the-
A
Environmental Permission Agency
B
Environmental Protection Agency
C
Energy Protection Agency
D
Energy and Petroleum Agency
2) The government enforces antitrust law in order to-
A
create private services
B
promote monopolies
C
create government services
D
promote competition
3) Which government agency would most likely protect the American consumer?
A
Central Intelligence Agency
B
Environmental Protection Agency
C
Federal Trade Comission
D
Federal Bureau of Investigation
4) Products and services that are used by everyone and are provided by the government are-
A
public goods
B
public policy
C
private policy
D
private goods
5) Increased government spending on public goods and services-
A
decreases production
B
lowers taxes
C
increases demand
D
decreases demand
6) Increased government borrowing-
A
reduces money available for individuals to borrow
B
has little impact on the economy
C
lowers taxes for citizens
D
increases money available for individuals to borrow
7) What is the central bank of the United States called?
A
National Savings and Loan
B
Federal bank
C
National Credit Union
D
Federal Reserve
8) The goal of the Federal Reserve system is to-
A
provide tax money to the government
B
set the tax rate
C
maintain high interest rates
D
keep the economy stable
9) Private property is protected by-
A
the Security Exchange Commission
B
the Federal Trade Commission
C
enforceable contracts
D
the Federal Reserve
10) All of the following are types of money used in the United States except-
A
accessible bank deposits
B
Federal Reserve bank
C
coins
D
currency
*select an answer for all questions
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