Govt/Econ Practice Exam

The right to bear arms.

• 3rd

• 2nd

• 4th

• 10th

GDP stands for....

• Great Domestic Produce

• Gross Domestic Produce

• Gross Domestic Product

• Great Domestic Product

Rights reserved to the states.

• 9th

• 3rd

• 5th

• 10th

What is the main purpose of the FED?

• To help with trade

• To formally elect the next president of the U.S.

• To regulate the money supply

• To pass legislation in regards to money supply

Which of the following is not a tool of monetary policy.....

• government spending

• open market operations

• discount rate

• reserve requirement

This type of unemployment is a result a recession in the economic system.

• seasonal

• cyclical

• structural

• frictional

Freedom of speech, religion, press, petition, assembly

• 2nd

• 6th

• 8th

• 1st

What are the two tools of fiscal policy?

• Reserve requirement and taxation

• government spending and taxation

• government spending and discount rate

• taxation and open market operations

The rights to remain silent to not incriminate yourself or others.

• 5th

• 6th

• 7th

• 4th

When someone is let go from their job due to technology replacing their position.

• frictional

• structural

• cyclical

• seasonal