Level 2,Test 1  Answers      How the United States Works

1.  Does the US consumer purchase more durable goods or non durable goods?

1. Non durable

2. Durable

2.  Does the US Government get more money from Individual income taxes or Corporation taxes?

1. Individual income taxes

2. Corporation taxes

3.  The US Federal Government's Budget showed a deficit in 2006. How much was that deficit?

1. $248 billion

2. $548 billion

3.  $248 trillion

4. $548 trillion

4.  When the U.S. Government spending exceeds the revenue collected, how does it cover the deficit?

1. This debt typically takes the form of promissory notes.

2. They don't cover the deficit.

3.  This debt typically takes the form of new issues of government bonds which are sold on the open market.

4.  They print more money.

5.  Which federal group regulates the presidential election process?

1. The Senate

2 The House of Representatives

3. The Federal Reserve

4. The Federal Elections Commission

6. When does the United States hold it's presidential election?

1. On the Tuesday after the first Monday in November.

2. On the Tuesday after the first Monday in September.

3. On November 26th.

4. None of the above.

When a person casts a vote in the general election, they are not voting directly for an individual Presidential candidate.

1. True

2. False

8. Where is the Electoral College?

1. Washington, DC

2.  The Electoral College is a process, not a place.

3. Boston, Massachusetts

9. During the US Presidential Inauguration, each president recites the following oath, in accordance with Article II, Section I of the U.S. Constitution.

"I do solemnly swear (or affirm) that I will faithfully execute the office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States."

          1. True

          2. False 

9. The Office of Public Records maintains for public inspection information on each lobbyist.

1. True

2. False

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