Question

Select the correct answer from the drop-down menu.
Complete the statements with the appropriate words.
A recession can have a
effect on mental health. This can
the demand for mental health specialists or psychologists.

Answer 1

Select the correct answer from the drop-down menu.
Complete the statements with suitable words.
Emily receives $800 every two weeks. However, she only takes home $600 after tax deductions from her paycheck.
The $800 is Emily’s
, while $600 is her
income.

Answer 2

Select the correct answer.
The table represents the Consumer Price Index for a basket of goods and services for three consecutive years. Calculate the inflation rate for 2014.

Year Consumer Price Index
2012 (base year)

100

2013

125

2014

180



A.
50 percent
B.
55 percent
C.
44 percent
D.
40 percent

Answer 3

Select the correct answer.
What type of income is received through rent?
A.
earned income
B.
passive income
C.
portfolio income
D.
business income

Answer 4

Select the correct answer.
Olivia’s employer deducts an amount from her paycheck for the Medicare program. What type of withholding is being deducted from Olivia’s paycheck?
A.
tax exemption
B.
local withholding
C.
state withholding
D.
Social Security withholding