
Econ Unit 5 test
Authored by Eliana Arango
Financial Education
9th - 12th Grade
Used 1+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Tax Rate
the percentage of income or value of a good or service or asset that is paid as tax.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Tax base
The item that is taxed such as income, the value of good or service or property.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is User Fees
A fixed charge on the use of public services.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Name 4 examples of government services paid by federal government.
Military, National Parks, Social Security, Interstate Transportation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Name the main sources of income for Federal Government.
Individual and Corporate Income Tax
Social Security Tax
Medicare Tax
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Individual Income tax
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Corporate Income tax
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