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WorksheetsEcon Review
Total questions: 50
Worksheet time: 25mins
in order to win a presidential election a candidate must have how many electoral votes?
269
270
274
275
the federal debt
is the amount of money the U.S. government owes to its creditors
is primarily owned to China
is the money the government spends in excess of its revenues
can be easily paid off
According to the Constitution, the President must
be at least 35 years of age before he runs
have held one major public office before running for the presidency
be a U.S. citizen who was born in the continental U.S.
have lived in the U.S. 14 consecutive years before the election
a major role of the President's cabinet is to
fulfill the requirements of the Constitution
uphold tradition
give advice
provide support for presidential offices
orders issued by the President that carry the force of the law are
Executive agreements
Executive laws
Executive orders
Executive privileges
international agreements made by a president that do not require Senate approval are
Executive orders
Executive agreements
Executive privileges
Executive laws
claims by the President that they have the discretion to decide that the national interest will be better served if certain information is withheld from the public is an example of
Executive law
Executive agreement
Executive privilege
Executive order
the members of the cabinet are appointed
by the President
by the Senate
by the house of Representatives
Vice President Gerald Ford became president after President Richard Nixon
resigned
was impeached
died
in order to bring charges against the President or Vice President for misconduct in office, the House of Representatives is given
the power to impeach
executive powers
investigatory powers
a budget deficit is
the amount the government plans to spend each year
the amount the government receives in taxes
occurs when expenditures exceed revenues
which of the following is an example of an executive order
FDR's internment of Japanese-Americans during WWII
President Bush's deployment of American troops in Afghanistan
President Obama giving the State of the Union address
which of the following is an example of the usage of Executive Privilege?
President Ford's pardon of President Nixon
Nixon's refusal to turn over the Watergate tapes to Congress
Jefferson's purchase of the Louisiana territory from France
the chief way the federal government raises revenue is from
individual income taxes
corporate taxes
borrowing money
people use these legal strategies to avoid paying higher taxes
tax reforms
tax credits
tax loopholes
these expenditures are benefits Congress has provided to individuals
audits
uncontrollables
entitlements
an example of an entitlement program is
bail outs
social security
military sending
because it is based on a tax payer's ability to pay, the federal income tax is called a
progressive tax
withholding tax
regressive tax
the highest ranking member of the U.S. Supreme Court is the
Chief Supreme Justice
Chief Justice
Supreme Justice
Approximately _______ cases are petitioned to the Supreme Court each year
6,000
8,000
10,000
how many cases does the Supreme Court actually hear each year ?
the justices usually choose about 10 good cases
about 10% of the cases they receive
100
most cases reach the court by
writ of certiorari
writ of attainment
writ of habeas corpus
the "rule of four" means
only four justices are needed for a majority
only four justices are needed to hear a case
four justices agree to hear a case
how many justices sit on the U.S. Supreme Court?
7
11
9
the U.S. Supreme Court's responsibilities are defined in ______ of the Constitiution
artile II
article III
article IV
the term of a U.S. Supreme Court Justice is
lifetime with goodbehavior
up to the President
limited to three 5-year terms
the U.S. Supreme Court Justice is appointed by _______and approved by ______
the Senate/ President
the President/ the House
the President/ the Senate
what are the constitutional qualifications of a U.S. Supreme Court Justice?
a member of the same political party as the appointed president
previous experience as a lawyer or judge
born in the U.S.
none of the above
what is the first thing the Supreme Court will do before they discuss a case ?
meet at Starbucks
shake hands with one another
sell all stocks appearing before them
go online and check for new cases
the power of Judicial review was established in
Mardbury v. Madison
McElroy v. Madison
Marbury v. Jefferson
which of the following is unconstitutional according to the first amendment ?
students holding a Bible club after school
students leading public prayer during graduation ceremony
students praying silently on their own during a moment of silence
guarantees of free speech and press are intended to
give voice to the majority
protect and expression of unpopular views
protect the government from those who oppose it
which of the following U.S. Supreme Court cases rules that "separate but equal" facilities for different races was acceptable ?
Brown v. Board of Education
Plessy v. Ferguson
Allison v. Moran
which of the following U.S. Supreme Court cases ruled that "separate but equal" facilities for different races are NOT acceptable in public schools ?
Plessy v. Ferguson
Brown v. Board of Education
Allison v. Moran
what did the 14th amendment grant African Americans ?
citizenship
the right to vote
ended slavery
what were laws that were designed to separate people based on race ?
Jim Crow laws
Bob Crow laws
Black Man laws
an incentive
could be a reward but not a penalty
could be a reward or penalty
the opposite of a trade off
the most fundemental econmic problem is
scarcity
health
security
the human capital is
the capital owned by individuals or corporations, not by the government
the skill and knowledge of the workers
all capital owned by individuals, but not corporations for governments
why do markets exist
to allow exchange of goods and serves
to allow people to earn money
to increase profits for business owners
who makes the most basic decisions in a centrally planned economy ?
government
investors
consumers
what according to Adam Smith, motivated the butcher and the baker to provide people with meat and bread ?
the opportunity for profit
the need to allocate food efficiently
the wish to serve the greater good
the government would likely block a merger if the merger would
decrease prices too much
lead to unfair market control
generate greater efficiencies
what do all types of monopolies have in common ?
a single seller that controls and entire market
a unique product to sell
a government to ensure prices to not get too high
what is an advantage of the general partners who own a partnership have that the owner of a sole proprietorship may not have ?
better access to captial
no need to hire employees
no need to follow government regulations
how are nonprofit organizations different from corporations ?
nonprofits don'y make profit
nonprofits are exempt of income taxes
nonprofits are subject to government regulation
nonprofits do not make any profits
get a mortgage
purchase a certificate if deposit
open a checking account
what is one reason for the high poverty rate in rural areas?
not enough jobs
most adults that live here are over 65
too much competition
according to the Constitution, for what purposes can government collect taxes?
to establish a nations gross domestic product
to pay a nations debt and provide for its self defense and welfare
to discourage and promote imports
what is the tax stricture of the federal income tax ?
proportional
progressive
regressive
