US Government
Consumer Math
Economics
Electives
100

What did Thomas Jefferson explain was the purpose of the Declaration of Independence?

The purpose of the Declaration was to "declare the causes" for wanting to be independent from British (English) rule.

100

What is the New York State Sales and Use tax rate?

8.675%

100

What is the definition of Economics?

A branch of social science focused on the production, distribution, and consumption of goods and services.

100

Art- what are the 3 primary colors?

Yellow, Cyan, and Magenta

200

What do radio stations and newspapers in totalitarian countries usually disseminate?

They disseminate government propaganda. 

200

What is the "extra" money charged on long term loans called?

Interest

200

What does GDP mean?

Gross Domestic Product- calculates the total market value of all finished goods and services produced in a country in a given year. 

200

Forensics- what do all humans have, but nobody has identical?

Fingerprints 

300

What was the first government of the United States of America?

The Articles of Confederation 

300

What is a gross income?

Gross income is all income before taxes or expenses.

300

How do you define capitalism?

A system of production where business owners organize resources, tools, workers, and raw materials, to produce goods for marked consumption and profit. 

300

World Cultures- What is the country with the largest population?

India

400

What is the elastic clause?

It gives congress the ability to adapt to changing times. It is commonly known as the "necessary and proper" clause. 

400

What is the name for a specified amount of money paid at regular intervals for an insurance policy?

Insurance Premium

400

What is the FCC?

Federal Communications Commission- government agency that regulates interstate and international communications- includes radio, television, satellite, etc. 

400

Theory of knowledge- What is the phenomenon where a large group of people share the same false memory about a past event or fact?

The Mandela Effect

500

Who would become president if both the president and the vice president were killed?

The Speaker of the House of Representatives

500

How do you convert a percentage to a decimal? (Example- 80.5%)

You move the decimal point two places to the left. (80.5% becomes 0.805)

500

What is the difference between micro and macro economics?

Macroeconomics is focused on recurrent economic cycles and broad economic growth and development. Microeconomics is how individual consumers and businesses allocate resources.

500

Fitness and Nutrition- Define calorie

A unit of energy, often used to express the nutritional value of foods, equivalent to the heat energy needed to raise the temperature of 1 kilogram of water by 1 °C

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