CE.12-14 Test Review #2 Question Preview (ID: 37074)


CE.12-14 Test Review #2. TEACHERS: click here for quick copy question ID numbers.

Which of the following is true of interstate highways and national defense?
a) Provide benefits to many people
b) Owned by private companies
c) Earn money for the government
d) Offer protection to citizens

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) quit his job
c) complete a self-assessment
d) earn a higher salary

Which government agency would most likely protect the American consumer?
a) Federal Military Commision
b) Federal Trade Commission
c) Federal Communications Commission
d) Environmental Protection Agencg

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

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

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

What is the main job of the Federal Reserve?
a) Regulate business
b) Regulate spending
c) Regulate taxes
d) Maintain the value of the dollar

When the government lowers taxes
a) consumers have more money to spend
b) national wealth decreases
c) national resources are depleted
d) international trade decreases

What is the best title for a list that includes strong work ethic, computer literacy, and positive attitude?
a) National requirements for all jobs
b) Characteristics that employers seek
c) Personal training courses offered by the Federal government
d) Outdated skills due to technological advancements

All of the following generally influence income EXCEPT
a) Supply and Demand
b) Skill level
c) Education level
d) Government regulations

The American government issues money to
a) enable all citizens to be financially equal
b) compete against member of the European Union
c) become a self-sufficient nation
d) enable the exchange of goods and services

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) apply for as many jobs as she can find
b) complete some type of self-assessment
c) find people willing to give her a positive recommendation
d) take classes at a local community college

What is the best example of long-term financial planning?
a) Investments
b) Credit Cards
c) Demonstrating a strong work ethic
d) Paying for emergencies

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