CE.11-13 Economics Review

Which action will the government take when it needs more money?

• hold elections
• lower prices
• increase taxes
• hire workers

actions, awards or rewards that influence the choices people make

• market economy
• voluntary exchange
• incentives
• competition

Financial institutions attract funds from savers by offering ____________ on savings. 

• Profits
• Revenues
• Interest
• Benefits

Who creates guidelines that protect public health and safety?

• Congress
• General Assembly
• government agencies
• citizens

What can consumers do if their rights are violated?

• nothing
• take legal action
• protest
• complain on Facebook

If you want to make the most money you should deposit your money:

• In the bank with the highest interest rate
• In the bank with the lowest interest rate
• Under your mattress
• In a bank that has no interest

Which of the following is NOT a Private Financial Institution?

• A bank
• A Savings and Loan
• The government
• A credit union

The _ Amendment authorizes Congress to tax our incomes.

• 1st
• 5th
• 10th
• 16th

The government enforces antitrust legislation to promote __.

• monopolies
• competition
• private ownership
• global  trade

The United States has a __ economy.

• traditional
• mixed
• free market
• command