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Banking
Employment/un
Poverty
Government
Potpourri
100
What does having a balanced budget require?
Total government revenue is greater than total government spending.
100
The percentage of the labor force that is jobless and actively looking for work is called the
What is unemployment rate
100
The percentage of people living in households that have incomes below the poverty threshold is called the
What is poverty rate
100
The hiring of police officers is part of which area of local government
What is public safety?
100
What is the job of a tax assessor?
What is to determine the value of property to be taxed
200
Which taxes provide states with revenue?
What is income tax and sales tax
200
The way income is divided among people in a nation is called
What is income distribution
200
Health care for the poor that is funded by both the federal and state governments is called
What is Medicaid
200
The government uses tax incentives to
What is encourage or discourage certain forms of behavior
200
What is the best soccer team
What is Barcelona or Cruz Azul?
300
A tax that is based on a person's wages, interest, dividends, and tips is a(n)
What is individual income tax
300
Government economic programs that provide assistance to the needy are called
welfare
300
What is the number one thing that can get someone out of poverty? (hint: not government)
What is education
300
In the United States, the official minimum income needed for the basic expenses of living is called
What is poverty threshold
300
What economic event was responsible for a major change in U.S. fiscal policy?
What is Great Depression
400
Currency is made up of this
What is coins and paper money
400
Social Security does not provide fixed income to elderly starting at 65 years in the U.S.
What is false
400
What in an oppurtunity cost?
What is the choice that you did not make?
400
What is an example of Keynesian economics?
What is During a recession, the government acts to stimulate aggregate demand.
400
When is Florida St going to lose?
What is ACC Championship or first playoff game
500
What is the purpose of the Federal Reserve System?
What is to make loans to banks, issue currency, and regulate the money supply
500
In the United States, economists estimate that full employment is an unemployment rate of about
What is 4-6 percent
500
What four major factors influence who lives in poverty in the United States?
What is education, discrimination, demographic trends, changes in manufacturing to service
500
The state spends money on all of these except? Public education Highway Patrol State colleges US Army and Navy
What is US Army and Navy
500
What is the largest group or country that we owe based on the National Debt.?
What is Social Security Trust Fund