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Test your knowledge on taxes, economic theories, and government budgets with this interactive Jeopardy game. Explore topics such as types of taxes, Federal taxation, budgets, and famous economists like Adam Smith and John Maynard Keynes.
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Jeopardy Adam Smith John Maynard Keynes Types of taxes Federal Taxes Budgets/ spending Q $100 Q $100 Q $100 Q $100 Q $100 Q $200 Q $200 Q $200 Q $200 Q $200 Q $300 Q $300 Q $300 Q $300 Q $300 Q $400 Q $400 Q $400 Q $400 Q $400 Q $500 Q $500 Q $500 Q $500 Q $500 Final Jeopardy
$100 Question from taxes Federal taxes are this type, where the percentage paid is increased as income increases
$100 Answer from taxes Progressive Tax
$200 Question from taxes Equity, Simplicity, Certainty, Effiency
$200 Answer from taxes Characteristics of a good tax
$300 Question from taxes Employers take money out of your paycheck for tax purposes
$300 Answer from taxes Pay-as-you-earn/withholding
$400 Question from taxes Income, property, good, or service that is subject to a tax
$400 Answer from taxes Tax base
$500 Question from taxes Set amounts that you can subtract from your total income
$500 Answer from taxes Exemptions
$100 Question from tax types Tax on a good or service being sold
$100 Answer from tax types Sales tax
$200 Question from tax types Tax on a company’s profits
$200 Answer from tax types Corporate income tax
$300 Question from tax types Tax on imported goods
$300 Answer from tax types tariff
$400 Question from tax types Tax on the value of a deceased persons posessions
$400 Answer from tax types Estate tax
$500 Question from tax types Social Security and Medicare are both under this federal employment tax
$500 Answer from tax types FICA (Federal Insurance Contributions Act)
$100 Question from budget/debt When revenue exceeds expenditures
$100 Answer from budget/debt Budget Surplus
$200 Question from budget/debt Budget for day-to-day operations
$200 Answer from budget/debt Operating Budget
$300 Question from budget/debt Government must spend money on certain programs
$300 Answer from budget/debt Mandatory spending
$400 Question from budget/debt Budget for large projects
$400 Answer from budget/debt Capital budget
$500 Question from budget/debt When there isn’t a lot of money for people to invest in private businesses because the federal government borrows so much
$500 Answer from budget/debt Crowding-out effect
$100 Question from Smith Competition and selfishness guide the economy
$100 Answer from Smith Invisible hand
$200 Question from Smith Government should stay out of the economy
$200 Answer from Smith Laissez-faire
$300 Question from Smith Smith’s most famous book
$300 Answer from Smith Wealth of Nations
$400 Question from Smith The year Smith wrote his most famous book
$500 Question from Smith Smith’s book was written in response to this economic system where colonizers dominated the colonies
$500 Answer from Smith Mercantalism
$100 Question from Keynes Keynes spoke out against this treaty after WWI
$100 Answer from Keynes Treaty of Versailles
$200 Question from Keynes Using a Keynesian economic model, the New Deal sponsored huge building projects like this one
$200 Answer from Keynes Hoover Dam
$300 Question from Keynes Policy where the Government would increase demand in order to stimulate the economy
$300 Answer from Keynes Demand-side economics
$400 Question from Keynes The era/historical context when Keynes wrote his famous book
$400 Answer from Keynes The Great Depression (1936)
$500 Question from Keynes Famous book written by Keynes
