US GED Social Economics Test 6

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Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

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GED & Citizenship — Test 6 (Ged Social Economics) High School & Adult (GED/Citizenship, USA) USA GED & USCIS (100 Civics) — USA

What is this test? for GED or US Citizenship (USCIS 100), USA — High School & Adult (GED/Citizenship, USA) level, USA.
For adults: GED (high school equivalency) or Naturalization/Citizenship (USCIS) in the USA — is this your path?
Section: GED & Citizenship — Test 6 (Ged Social Economics) · Education: High School & Adult · Part: GED & Citizenship — Test 6 (Ged Social Economics) · Country: USA

Civics knowledge is crucial for knowing individual rights and responsibilities and understanding government structure.

This test is designed to assess your knowledge of constitutional law and essential civics.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

What is a shortage?

A) Demand over supply

B) Extra goods

C) No buyers

D) Low prices

Question 2

What is a loan?

A) Gift money

B) Borrowed money

C) Saved money

D) Tax money

Question 3

What happens when price rises?

A) Demand rises

B) No change

C) Demand falls

D) Supply falls

Question 4

What is a credit score?

A) Test grade

B) Age number

C) Income total

D) Trustworthiness number

Question 5

What is a tariff?

A) Import tax

B) Export gift

C) Income tax

D) No tax

Question 6

What is investing?

A) Hiding cash

B) Growing money risk

C) Spending all

D) No risk

Question 7

Provide the definition of income tax:

A) Sales levy

B) Property levy

C) Earnings levy

D) No tax

Question 8

Provide the definition of a tax:

A) Gift

B) Donation

C) Prize

D) Government levy

Question 9

What best defines inflation?

A) Rising prices

B) Falling prices

C) Flat wages

D) High taxes

Question 10

Provide the definition of unemployment:

A) All working

B) Jobless seeking work

C) Retired all

D) Students only

Question 11

Provide the definition of profit:

A) Loss

B) Break even

C) Gain over cost

D) No sales

Question 12

Provide the definition of credit:

A) Cash only

B) No borrowing

C) Free money

D) Borrowed trust

Question 13

What best defines a deficit?

A) Spending over revenue

B) Extra savings

C) Balanced books

D) No taxes

Question 14

Provide the definition of a stock:

A) Bond

B) Company share

C) Loan

D) Bill

Question 15

Which term means "Output value total"?

A) economics

B) scarcity

C) GDP

D) supply

Question 16

Provide the definition of a monopoly:

A) Many sellers

B) No sellers

C) Buyer group

D) Single seller

Question 17

Provide the definition of Social Security:

A) Retirement safety net

B) Health insurance

C) Unemployment only

D) Food stamps

Question 18

Which term means "Wanted amount"?

A) economics

B) demand

C) scarcity

D) supply

Question 19

Which term means "Fed money control"?

A) economics

B) scarcity

C) monetary policy

D) supply

Question 20

Provide the definition of a bank:

A) Store

B) School

C) Court

D) Money keeper lender

US GED Social Economics Test 6

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