Quiz #3

1) The Federal deficit dropped from $290 billion in 1992 to in 1996.

$277 billion

$203 billion

$193 billion

2. The government must spend ___ of every dollar from the personal income tax to pay interest on the national debt.

10 cents

25 cents

40 cents

3) A 50 cent increase in the minimum wage would enable ___ of working women to leave public assistance programs.

17%

22%

4)The federal government provides _____ of student financial aid.

45%

80%

90%

5) A full time worker earning the minimum wage has an annual income of approximately ____.

$8,000

$11,000

$18,000

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