4-3 Government Regulation And Assisstance Question Preview (ID: 16957)
Review For First Semester Finial.
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A ____ is an organization that supplies a service or product vital to all people?
a) Wallmart
b) public utility
c) Repossession service
d) union
This exists when a business has control of the market for a product or service.
a) risk
b) ownership
c) monopoly
d) stock
___ prevent unfair business practices such as false advertising.
a) trusting laws
b) antitrust laws
c) laws of trust
d) code of conduct
A government creates ______ policies to pay for the services it provides
a) radio stations
b) bonds
c) schools
d) tax
A _______ tax is when you get taxed on how much you make
a) income
b) property
c) state
d) gift
A major source of revenue for local governments is the real estate _______ tax
a) income
b) property
c) import
d) gift
A _____ is a state or local tax on goods and services that is collected by the seller.
a) import tax
b) property tax
c) sales tax
d) income tax
The government raises money by...
a) selling bonds
b) levying taxes
c) borrowing money
d) all of the above
A(n)____ tax is a common source of revenue for state and local governments
a) sales
b) import
c) gift
d) unemployment
the government borrows money by selling _____.
a) food
b) weapons
c) bonds
d) textbooks
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