Question 1 of 50 A bank is an example of a financial intermediary. O True O False Question 2 of 50 The U.S. government has consistently operated with a budget surplus since 2001. True False Question 3 of 50 Which of the following choices has not historically been used as a form of money? tobacco plastic bottles shells gold coins antion 4 of 50 Question 4 of 50 In the U.S., taxes are the federal government's main source of income. O False True Question 5 of 50 Which of the following choices is an example of a transfer benefit? rent paid to the owner of a building interest paid on a home loan income tax deductions welfare payments Question 6 of 50 Mandatory spending amounts: are required by law. are set by Congress each year. O account for a very small part of the U.S. budget. Question 7 of 50 In general, the longer a loan term, the greater the risk and interest rate. O False O True Question 8 of 50 Which of the following statements about credit unions is true? They do not loan out money. They are owned by corporations. Their purpose is to help members. O They are for-profit businesses. Question 9 of 50 Payroll taxes help fund Social Security and unemployment benefits. False True
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