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- 1. Multiple ChoiceThe elastic clause allows Congress tomake temporary treaties with foreign countries.regulate trade between states.stretch its powers to meet new needstax US citizens in times of economic crisis
- 2. Multiple ChoiceWhat is the "court of final appeal"?appellate court of Washington, D.C.Supreme CourtU.S. Court of Appeals for the 13th CircuitU.S. district court
- 3. Multiple ChoiceThe job of an appeals court is todecide the defendant's guilt or innocencedecide whether a law is allowed by the U.S. Constitutionreview decisions made in lower courtssentence people who are convicted in federal courts
- 4. Multiple ChoiceJudges base their decisions on ___________________ set in similar cases.Appellate JurisdictionBriefDistrict CourtPrecedents
- 5. Multiple ChoiceWhy have only 27 amendments been added to the Constitution in the past 200 years?The process of adding amendments is very complexThe courts strike down many amendmentsNational laws limit the number of amendmentsChanges in society are too small to require amendments
- 6. Multiple Choice
This phrase best refers to thefailed policies made by foreign officialsgrievances in the Declaration of Independencenational problems caused by outdated lawsweaknesses within the Articles of Confederation - 7. Multiple ChoiceA citizen can help ensure the rights of an accused person byserving in the militarypaying an income taxserving on a juryobeying the state law
- 8. Multiple ChoiceWhich phrase completes this diagram?state populationthe number of political districtsvoter registrationthe number of state senators
- 9. Multiple ChoiceThe local government in Virginia most likely created this law in order topromote public healthsupport federal lawsprotect consumer rightsregulate land use
- 10. Multiple ChoiceThe principle of federalism gives governmental power tothe county and local governmentsa strong confederate governmentthe national and state governmentsa powerful state government
- 11. Multiple ChoiceHow are implied powers most often used by the United States Congress?To help carry out delegated powersTo force the executive branch to sign new legislationTo encourage citizens to voteTo give the government veto powers
- 12. Multiple ChoiceWhich action is an example of political lobbying?The governor gives special advice to legislative membersA mayoral candidate holds a campaign rally for registered votersThe local newspaper exposes corrupt practices in election campaignsA health group asks legislators to pass tougher antipollution laws
- 13. Multiple ChoiceWhat is naturalization?When you eat only foods that are "all natural"When a person is born in the country they hold citizenship inThe process of of gaining permanent resident statusThe process that allows immigrants to become citizens.
- 14. Multiple ChoiceWho is the leader of the executive branch at the state level?PresidentGovernorMayorCommissioner
- 15. Multiple ChoiceWhat court has the power to declare laws unconstitutional?U.S. District CourtNC Superior CourtU.S. Supreme CourtNC District Court
- 16. Multiple ChoiceWhich amendment provides due process protections from the national government?first amendmenttenth amendmentfifth amendment14th amendment
- 17. Multiple ChoiceThomas Jefferson said in the Declaration of Independence that everyone had the right to "life, liberty, and the pursuit of happiness." What are these rights called?Natural RightsBirth RightsUnalienable RightsUndeniable Rights
- 18. Multiple ChoiceBuilding support for the ratification of the United States Constitution was the purpose of theFarewell Address of George WashingtonAlbany Plan of UnionMayflower CompactFederalist Papers
- 19. Multiple ChoiceWhat is the highest law in the United States government?The PresidentU.S. ConstitutionThe Supreme CourtState constitutions
- 20. Multiple ChoiceFederalism is best defined as a principle of government thatDivides power between the central government and state governmentsIncludes a system of checks and balancesAllows the states to nullify national lawsPlaces the most power in the hand of the legislative branch
- 21. Multiple ChoiceAll Powers that the Constitution does not give to the Federal governmentAre reserved to the State GovernmentsAre given to the PresidentAre given to CongressAre interpreted by the Supreme Court
- 22. Multiple ChoiceArticle I of the Constitution establishes what?executive branchlegislative branchfull faith and creditratification of the Constitution
- 23. Multiple ChoiceArticle II of the Constitution establishes what?the Supremacy clauselegislative branchjudicial branchexecutive branch
- 24. Multiple ChoiceArticle III of the Constitution establishesFull Faith and CreditExecutive BranchLegislative BranchJudicial Branch
- 25. Multiple ChoiceThe __________ supported the Constitution and wanted a stronger national government.FederalistsAnti-FederalistsConstitutionalistsAnti-Constitutionalists
- 26. Multiple ChoiceThe __________ did not support the Constitution and believed the Constitution created a central government that was too strong.FederalistsAnti-FederalistsConstitutionalistsAnti-Constitutionalists
- 27. Multiple ChoiceThe first amendment states freedom of petition, religion, press, assembly, andfreedombeliefspeacespeech
- 28. Multiple ChoiceProtection from "unreasonable search and seizure."1st2nd3rd4th
- 29. Multiple ChoiceWhat is the Equilibrium Quantity?50607080
- 30. Multiple ChoiceWhat is the Equilibrium Price?1234
- 31. Multiple ChoiceThe graph illustrates a ...Demand CurveSupply CurveElasticity CurvePrice Ceiling
- 32. Multiple ChoiceA written financial plan can also be called _____.Personal FinanceBudgetEnvelope Systemreconcile
- 33. Multiple ChoiceWhat is the fundamental problem of every society?labor costsscarcityeconomic interdependencemarket fluctuation
- 34. Multiple ChoiceReliance on others to produce goods and services isconsumerismscarcityeconomic interdependencewealth
- 35. Multiple ChoiceScarcity can best be defined asA Shortage of a productWhere demand is greater than supplyUnlimited wants vs Limited resourcesLimited wants vs unlimited resources
- 36. Multiple ChoiceThe law of demand states thatconsumers demand a larger quantity of a good when price is low.consumer demand increases when price is low.sellers supply a larger quantity of a good when price is high.sellers increase supply when price is high.
- 37. Multiple Choice____________ is what you give up to get something else.interestservicesopportunity costincome
- 38. Multiple ChoiceGovernment controls all aspects of economy
Example: The government owns most of the property, sets the prices of goods, determines the wages of workers, plans what will be made…everythingcommandmarkettraditional - 39. Multiple ChoiceA country with complete economic freedom and no government control would be:commandmarkettraditional
- 40. Multiple ChoiceWhich region is the MOST developed?Latin America & CaribbeanSub-Saharan AfricaWestern EuropeAsia
- 41. Multiple ChoiceWhat is the main force that drives a free market economy?The government controls products and pricesSupply and Demand- the producers and consumers determine what is producedTraditional methods control the economy
- 42. Multiple Choice"Fiscal policy" refers to the power of the federal government toA. tax and spendB. print moneyC. control creditD. all of the above
- 43. Multiple ChoiceBusinesses generally reduce their spending during the period of the business cycle known asA. PeakB. recession or contractionC. troughD. expansion
- 44. Multiple ChoiceTrue or False
If the Federal Reserve rapidly increases the money supply, one likely result would be an increase in inflation.A. TrueB. False - 45. Multiple Choice“Monetary policy” differs from “fiscal policy” in that monetary policy isA. more sensitive to political considerations.B. under the control of the Federal Reserve System.C. more time-consuming to implement.D. related to tax increases and decreases.
- 46. Multiple ChoiceThe US is acommand economytraditional economyfree market economymixed economy
- 47. Multiple ChoiceA tax placed on imported goods.TariffEmbargoQuotaFree Trade Zone
- 48. Multiple ChoiceWhen supply goes down and demand goes up, prices go _____HigherLowerStay the SameNone of the above
- 49. Multiple ChoiceWhen supply goes up and demand is low, prices go ______HigherLowerStay the SameNone of the above
- 50. Multiple ChoiceThis term refers to the number of goods a country produces in a year. In general, the higher this number, the higher the standard of living.Per Capita GDPGDPExchange RateCurrency
- 51. Multiple ChoiceA fee paid to use someone else's moneyInterestIncomeCreditloan
- 52. Multiple ChoiceBuy something now and pay later, at a higher total cost.CreditDebitSavings AccountAll of the above
- 53. Multiple ChoiceWhat is ANOTHER name for a market economy?capitalismlaissez-fairefree enterpriseALL of the Above
- 54. Multiple ChoiceEvery person born or naturalized in the US is a citizen. Which amendment is this?12th22nd15th14th
- 55. Multiple ChoiceFreedom of speech, press, religion, assembly, and petition. Which amendment is this?1st2nd3rd4th
- 56. Multiple ChoiceAmendment 14 guarantees what?That states will not deny anyone equal protection of the laws.that everyone except criminals will be counted when figuring a state's number of representatives in CongressThe right to vote to all former slaves.the same rights as those named in the Fifth Amendment.
- 57. Multiple ChoiceWhich clause of the U.S. Constitution declares the Constitution as the highest law of the land?Necessary and ProperEqual ProtectionHighest LawSupremacy
- 58. Multiple Choice1st Amendment3rd Amendment4th Amendment5th Amendment
- 59. Multiple ChoiceThis post-Civil War Amendment grants equal protection of the law to all citizens.13th14th15th19th
- 60. Multiple ChoiceThis plan for government was favored by large states because representation in congress was based on population.the New Jersey Planthe Virginia PlanShays' PlanThe Compromise Plan
- 61. Multiple ChoiceThis plan for government was favored by smaller states because each state received equal representation in congress.the New Jersey Planthe Virginia PlanShays' Planthe Compromise Plan
- 62. Multiple ChoiceOne issue that was hotly debated at the Constitutional Convention, was the question of representation. Another issue was-the U.S.-Canadian borderSlaverythe Treaty of ParisWomen's Rights
- 63. Multiple ChoiceUnder the Three-Fifths compromise, which individuals counted as 3/5 of a free person when a census was taken?womenNative Americansslaveschildren
- 64. Multiple ChoiceSouthern States benefited from the Three-Fifths Compromise because-they had very small populationsthey had very large populationsthey had a warm climatethey had large populations of slaves
- 65. Multiple ChoiceWhy were the Articles of Confederation replaced?it created an executive branchgovernment was too weak to manage state relationsit created a powerful armyit created a judicial branch
- 66. Multiple ChoiceThe Great Compromise called for a house of representatives and a Senate which is called-bicameralunicameralone camelThree camels
- 67. Multiple ChoiceWhat document replaced the Articles of Confederation and established a new national government?The Declaration of IndependenceThe ConstitutionThe Magna CartaThe English Bill of Rights
- 68. Multiple ChoiceIn what house of our national legislature, called Congress, does each state have equal representation?SenateHouse of RepresentativesGeneral AssemblyHouse of Commons
- 69. Multiple ChoiceAmericans were afraid that a __?__ would lead to tyranny, or oppressive rule.strong state governmentweak governmentstrong central governmentlegislature
- 70. Multiple ChoiceThe Anti-Federalists wanted to see the _________________ ____________________ added to the Constitution.English Bill of RightsCommon SenseBill of RightsMagna Carta
- 71. Multiple ChoiceThis branch of government serves for lifeLegislativeExecutiveJudicial
- 72. Multiple ChoiceThis branch of government checks the President by overriding a veto with a 2/3 voteLegislativeExecutiveJudicial
- 73. Multiple ChoiceThis branch of government declares warLegislativeExecutiveJudicial
- 74. Multiple ChoiceThis branch can impeach the PresidentLegislativeExecutiveJudicial
- 75. Multiple ChoiceTony Romo, quarterback for the Dallas Cowboys NFL team, would be considered which one of the 4 economic resources?LandLaborCapitalEntrepreneurship
- 76. Multiple ChoiceEmelia has been invited to a sleep over at Chloe’s house for this Saturday. Emelia has tickets to see her favorite band in concert that same night. She decides to give the tickets to her sister and go to Chloe’s house. What is the opportunity cost of her decision?seeing her favorite bandspending time at a friends house
- 77. Multiple ChoiceThe local government for a community must decide what to do with the sales tax collected. They could build a new skate park or they could buy more computers for the public library. The officials decide to build a skate park. What is the opportunity cost of their decision?new skate parkmore computers
- 78. Multiple ChoiceTerm for costs that change with productionFixed CostAverage CostVariable CostMarginal Cost
- 79. Multiple ChoiceYour friend and you decide to open a snow cone stand. The people you hire to run the stand are examples of which factor of production?Capital Resources/GoodsEntrepreneurshipLaborNatural Resources
- 80. Multiple ChoiceWhat is an entrepreneur?A person who starts a new business.A leader of a country.A worker in a factory.A student in college.
- 81. Multiple ChoiceBecky, Betty and Bob run a cupcake shop. Becky makes the cupcakes, Betty decorates them and Bob sells them. The different jobs they have is an example of:advertisingspecializationcapital resourceseconomic exchange
- 82. Multiple ChoiceMutual funds are less risky than investments in individual stocks becausethe costs are lower.the funds hire experts managers.the funds invest in many different companies.the funds only invest in a few, very safe companies.
- 83. Multiple Choice___________ is the money you earn.surplusincomecollateralcharge
- 84. Multiple ChoiceWhen a person buys shares of stock, that person isbecoming part owner in a companyborrowing money from a companylending money to a companyvoting on how a company will operate
- 85. Multiple ChoiceIn a traditional economy, the way goods are produced and the jobs are learned from __________________.schooluniversityfamilyon the job training
- 86. Multiple ChoiceIn Indonesia, the government owns large industries and sets some prices. However, private businesses are also encouraged and several hundred are actively traded on the Indonesian Stock Exchange. This country’s economy system can best be classified as —MarketCommandMixedTraditional
- 87. Multiple ChoiceThe resources required to make a product (good or service)economicsconsumptionfour factors of productionscarcity
- 88. Multiple ChoiceBusiness consolidations of entities that control different stages of production of a good or service are called:Vertical MergerHorizontal MergerConglomerationInternational Corporation
- 89. Multiple ChoiceBusiness consolidation of entities that sell similar goods or services are called:Vertical MergerHorizontal MergerConglomerationInternational Corporation
- 90. Multiple ChoiceBusiness consolidations of entities that sell different goods or services are called:Vertical MergerHorizontal MergerConglomerationInternational Corporation
- 91. Multiple ChoiceIn what ways have amendments to the Constitution expanded the principle of Popular Sovereignty?By creating an income taxBy granting suffrage to new groups of peopleBy repealing prohibitionBy limiting lawsuits against the states
- 92. Multiple ChoiceWhat effect would government subsidies for homebuyers have on home pricesPrices would risequantity of homes sold would fallprices would fallprices would not change
- 93. Multiple ChoiceWhat is the primary difference in the preambles to the NC Constitution and the US Constitution?Only NC's begins "We the People..."The U.S. version is olderNC's references GodOnly NC references liberty
- 94. Multiple ChoiceWhich regulatory agency would be responsible for meat inspection?Federal Bureau of Investigation (FBI)Central Intelligence Agency (CIAFood Safety and Inspection Service (FSIS)Drug Enforcement Agency (DEA)
- 95. Multiple ChoiceWhat is a likely result of a country putting restrictions on foreign trade?higher prices on imported goodsmore selection of foreign goodsless restictions on exports to other countriesbetter trade relations with foreign nations
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