Cumulative Exam Review

Two doctors who join forces in business form a

partnership

Successful entrepreneurs contribute to the economy by

B

In which of the following ways do governments spend money to meet public needs? Check all that apply.

1,3,4,5

What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries?

C

What is the job outlook for a US postal worker?

D

Among the changes that labor reformers wanted after the Industrial Revolution was

B

Globalization is the process of

B

This table compares the requirements for a career as an athletic trainer or an air traffic controller.

A student who is interested in becoming an air traffic controller will make

A

What is one difference between a vocational school and on-the-job training?

C

What circumstances during the early days of industrialization led to a need for reform? Check all that apply.

1,3,4

When a government decides to limit the number of goods that can be sold to another nation, that government is creating

B

Which best explains why a sole proprietor would want a partner?

B

If having a warranty on a car is important, a person should buy a car that is

new

Labor unions were certain to advocate for the best interests of workers because

D

The image shows a sales receipt.

Based on the receipt, what is the sales tax rate in Sacramento, California?

B

Which of these qualify as variable expenses? Check all that apply.

1,3,5

Why might a country choose to devalue its currency?

B

Which is a kind of federal payroll tax?

A

Which best describes why governments collect taxes?

D

Which would be the best label for the circle in the center?

B

Through the successful study of personal finance, an individual will be

A

US federal income tax is progressive by law, but which best explains why is it sometimes regressive in practice?

C

Expansionary spending takes place when a government makes the decision to

D

An exchange rate table makes it easy to compare the

C

What part does interest play in deficit spending?

A

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Cumulative Exam Review

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Two doctors who join forces in business form a

partnership

Successful entrepreneurs contribute to the economy by

B

In which of the following ways do governments spend money to meet public needs? Check all that apply.

1,3,4,5

What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries?

C

What is the job outlook for a US postal worker?

D

Among the changes that labor reformers wanted after the Industrial Revolution was

B

Globalization is the process of

B

This table compares the requirements for a career as an athletic trainer or an air traffic controller.

A student who is interested in becoming an air traffic controller will make

A

What is one difference between a vocational school and on-the-job training?

C

What circumstances during the early days of industrialization led to a need for reform? Check all that apply.

1,3,4

When a government decides to limit the number of goods that can be sold to another nation, that government is creating

B

Which best explains why a sole proprietor would want a partner?

B

If having a warranty on a car is important, a person should buy a car that is

new

Labor unions were certain to advocate for the best interests of workers because

D

The image shows a sales receipt.

Based on the receipt, what is the sales tax rate in Sacramento, California?

B

Which of these qualify as variable expenses? Check all that apply.

1,3,5

Why might a country choose to devalue its currency?

B

Which is a kind of federal payroll tax?

A

Which best describes why governments collect taxes?

D

Which would be the best label for the circle in the center?

B

Through the successful study of personal finance, an individual will be

A

US federal income tax is progressive by law, but which best explains why is it sometimes regressive in practice?

C

Expansionary spending takes place when a government makes the decision to

D

An exchange rate table makes it easy to compare the

C

What part does interest play in deficit spending?

A

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