Gov't Involvement in U.S. Econ, Fed. Reserve, Money
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | Antitrust
Monopolies
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| show | Global
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| The U.S. government promotes marketplace competition by supporting ____ start-ups. | show 🗑
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| The Federal ___ Commission (FCC) regulates businesses in the field of broadcasting. | show 🗑
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| show | Environmental
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| show | Trade
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| The government provides public goods and services to many people ____. | show 🗑
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| If the government did not provide public goods and services they would not be available because people would not - | show 🗑
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| Three examples of public goods and services provided by the national government are - | show 🗑
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| The government pays for public goods and services through what three sources of revenue? | show 🗑
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| show | Income
Sales
Property
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| show | Bonds
Loans
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| An example of the fees the government collects is - | show 🗑
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| What authorizes the government to tax personal and business incomes? | show 🗑
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| The effect of government taxes effect individual and business spending like a see-saw. Therefore if the government increases taxes the effect on spending ability is that it ___. Whereas if taxes decrease the effect on spending ability causes it to ___. | show 🗑
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| show | Decreased
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| show | Increased
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| If the government increases it spending what three aspects of the U.S. economy will also increase? | show 🗑
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| show | Taxes
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| Decreased government spending reduces ___ which may result in a ____ of the economy and in lower ___ for individuals and businesses to pay. | show 🗑
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| show | Federal Reserve
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| One duty of the Federal Reserve is to maintain the value of our national ___. | show 🗑
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| show | Banking System
Deposits
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| show | Money
Inflation
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| What acts as the Federal government's bank? | show 🗑
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| show | Negotiated Contracts
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| Government ____ establish guidelines that protect public health and safety. | show 🗑
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| show | Food and Drug Administration
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| Which government agency recalls goods that may be dangerous to our safety? | show 🗑
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| show | Legal Action
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| show | Money
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| People in the United States accept the coins and currency issued by the government because they have ___ in the government. | show 🗑
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| show | Coins
Federal Reserve Notes
Deposits in Bank Accounts
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| show | Currency
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| show | Checks
Debit Cards
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Created by:
rvanord
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