Question 1

The recording industry's legal action against individuals who download music without paying involves the infringement of a copyright.

Accepted Answer

A) True 
 B)False

Question 2

When businesses create more goods and services,their activities increase the standard of living,but have no impact on the quality of life.

Accepted Answer

A) True 
 B)False

Question 3

Businesses focus on consumer needs by providing goods and services.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following does the federal government have authority over?

Accepted Answer

A)   defence
B)   education
C)   health care
D)   garbage

Question 5

Which of the following holds a company responsible for negligence in the production,design,sale,or use of products the company markets?

Accepted Answer

A)   breach of contract
B)   price discrimination
C)   unintentional harm responsibility
D)   product liability

Question 6

Government taxation policies,called fiscal policy,have a certain flexibility.In times of a weak economy,taxes may be lowered temporarily to stimulate the economy.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following does the municipal government have authority over?

Accepted Answer

A)   education
B)   water
C)   trade regulation
D)   health care

Question 8

Which of the following terms best describes an organization that provides goods and services in an effort to earn a profit?

Accepted Answer

A)   a not-for-profit
B)   the government
C)   a charity
D)   a business

Question 9

This position is responsible for a provincial department's day-to-day operations?

Accepted Answer

A)   Minister
B)   Deputy Minister
C)   Assistant Minister
D)   Head Minister

Question 10

Explain the difference between monetary and fiscal policy and explain how they are formulated.

Accepted Answer

Fiscal policy refers to government effor...

Question 11

What are the three levels of government in Canada?

Accepted Answer

A)   federal, provincial, municipal
B)   federal, state, city
C)   country, province, city
D)   country, province, municipality

Question 12

What does The Code of Conduct for Procurement try to ensure for both public servants and vendors?

Accepted Answer

More transparency in marketing...

Question 13

Which jurisdiction has the responsibility for education?

Accepted Answer

A)   federal
B)   provincial
C)   municipal
D)   community

Question 14

Which of the following is one of the criteria used to measure quality of life?

Accepted Answer

A)   political stability and security
B)   GDP
C)   unemployment
D)   level of democracy

Question 15

Who do not-for-profit organizations work hand-in-hand with?

Accepted Answer

A)   churches
B)   investment banks
C)   businesses
D)   universities

Question 16

To stimulate competition and protect both consumers and workers,what does the federal government do?

Accepted Answer

A)   It places heavy taxes on companies in monopolistic competition.
B)   It creates business systems to meet the needs of all consumers.
C)   It creates regulations to intervene in the free market.
D)   It places limits on international trade in order to stimulate domestic production.

Question 17

What type of income taxes do businesses pay?

Accepted Answer

A)   progressive
B)   flat
C)   regressive
D)   incremental

Question 18

Types of not-for-profit organizations include which of the following?

Accepted Answer

A)   book stores
B)   museums
C)   movie theatres
D)   hockey rinks

Question 19

PEI is the only province that does not collect provincial sales tax.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following does the municipal government have authority over?

Accepted Answer

A)   health care
B)   sewers
C)   education
D)   trade

Exam 1: Politics Governments’ Roles

Government taxation policies,called fiscal policy,have a certain flexibility.In times of a weak economy,taxes may be lowered temporarily to stimulate the economy.

Correct AnswerverifiedShow Answer

Which jurisdiction has the responsibility for education?

Correct AnswerverifiedShow Answer

Who do not-for-profit organizations work hand-in-hand with?

Correct AnswerverifiedShow Answer

What are the three levels of government in Canada?

Correct AnswerverifiedShow Answer

This position is responsible for a provincial department's day-to-day operations?

Correct AnswerverifiedShow Answer

Types of not-for-profit organizations include which of the following?

Correct AnswerverifiedShow Answer

When businesses create more goods and services,their activities increase the standard of living,but have no impact on the quality of life.

Correct AnswerverifiedShow Answer

To stimulate competition and protect both consumers and workers,what does the federal government do?

Correct AnswerverifiedShow Answer

What type of income taxes do businesses pay?

Correct AnswerverifiedShow Answer

PEI is the only province that does not collect provincial sales tax.

Correct AnswerverifiedShow Answer

Which of the following does the municipal government have authority over?

Correct AnswerverifiedShow Answer

Which of the following does the federal government have authority over?

Correct AnswerverifiedShow Answer

What does The Code of Conduct for Procurement try to ensure for both public servants and vendors?

Correct AnswerverifiedMore transparency in marketing...View AnswerShow Answer

The recording industry's legal action against individuals who download music without paying involves the infringement of a copyright.

Correct AnswerverifiedShow Answer

Which of the following terms best describes an organization that provides goods and services in an effort to earn a profit?

Correct AnswerverifiedShow Answer

Businesses focus on consumer needs by providing goods and services.

Correct AnswerverifiedShow Answer

Explain the difference between monetary and fiscal policy and explain how they are formulated.

Correct AnswerverifiedFiscal policy refers to government effor...View AnswerShow Answer

Which of the following is one of the criteria used to measure quality of life?

Correct AnswerverifiedShow Answer

Which of the following does the municipal government have authority over?

Correct AnswerverifiedShow Answer

Which of the following holds a company responsible for negligence in the production,design,sale,or use of products the company markets?

Correct AnswerverifiedShow Answer

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More transparency in marketing...
View Answer

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Fiscal policy refers to government effor...
View Answer

Correct Answer
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