End of Semester Test Government 12A
Questions and Answers
1.Researchers at a pharmaceutical company are convinced that they have
found a cure for a horrible disease. They want to start selling the new drug
right away. However, their company first has to spend millions of dollars to
test the drug. Which agency requires this action?
Answer A. Food and Drug Administration
2.reduce injuries and deaths caused by vehicle accidents
promote development of broadband services and facilities
protect consumers from unfair business practices
protect public health by ensuring the safety of food products and drugs
Answer Na- tional Highway Traffic Safety Administration
Federal Communications Commission
Federal Trade Commission
Food and Drug Administration
3.Based on the graph, what is the excess demand for apartments in
this economy after the application of rent control?
Answer C. 19
1/
6
, 4.Arrange the steps to show the effects of contractionary fiscal policy.
Answer Government increases
the tax
rate. “
Producers
manufacture fewer
goods.
“
Consumers have
less money to
spend.
“
Inflationary pressure
decreases.
5.proportional tax
regressive tax
progressive tax
Answer Mr. Brown and Mr. Joseph earn different annual incomes. Howev-
er, They both pay income tax equivalent to 15% of their income.
Rose earns $100,000 a year, and Jack earns $50,000 a year. They each
2/
6
Questions and Answers
1.Researchers at a pharmaceutical company are convinced that they have
found a cure for a horrible disease. They want to start selling the new drug
right away. However, their company first has to spend millions of dollars to
test the drug. Which agency requires this action?
Answer A. Food and Drug Administration
2.reduce injuries and deaths caused by vehicle accidents
promote development of broadband services and facilities
protect consumers from unfair business practices
protect public health by ensuring the safety of food products and drugs
Answer Na- tional Highway Traffic Safety Administration
Federal Communications Commission
Federal Trade Commission
Food and Drug Administration
3.Based on the graph, what is the excess demand for apartments in
this economy after the application of rent control?
Answer C. 19
1/
6
, 4.Arrange the steps to show the effects of contractionary fiscal policy.
Answer Government increases
the tax
rate. “
Producers
manufacture fewer
goods.
“
Consumers have
less money to
spend.
“
Inflationary pressure
decreases.
5.proportional tax
regressive tax
progressive tax
Answer Mr. Brown and Mr. Joseph earn different annual incomes. Howev-
er, They both pay income tax equivalent to 15% of their income.
Rose earns $100,000 a year, and Jack earns $50,000 a year. They each
2/
6
