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module7
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1992-03-24
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159 lines
NEW SET
A
Type the letter of the best answer.
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1
1. California became a United States territory during the administration of:
(A) James Buchanan
(B) Franklin Pierce
(C) Millard Fillmore
(D) James K. Polk
(E) Martin Van Buren
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d
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2
Correct.
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wrong answer explanation
2
(D) The Treaty of Guadalupe Hidalgo ended the Mexican War and ceded California
to the United States. James Polk was President of the U. S. at that time.
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2
2. Naturalization refers to the process of:
(A) applying for a visa
(B) applying for a literacy test
(C) applying for a passport
(D) becoming a citizen
(E) demoblization from military service
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d
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3
Correct.
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wrong answer explanation
3
(D) Naturalization is the process by which an alien becomes a citizen.
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3
3. The Norris-LaGuardia Act and the Wagner Act were both concerned with:
(A) providing a minimum wage for all workers
(B) provided workers with the right to bargain collectively
(C) establishing protective tariffs
(D) prohibiting misleading advertising
(E) insuring the safety of drugs on the market
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b
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4
Correct.
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wrong answer explanation
b
(B) Both the Norris-LaGuardia Act of 1932 and the Wagner Act of 1935 supported
the right of labor to bargain collectively.
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4
4. When the federal government wants to "prime the pump," it:
(A) lowers taxes
(B) limits exports
(C) reduces government spending
(D) curtails welfare payments
(E) has the Federal Reserve raise interest rates
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a
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5
Correct.
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5
(A) "Priming the pump" means increasing consumer purchasing power and spurring
the economy into activity by such means as tax reduction and increased federal
spending.
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5
5. An uemployment rate of 0 percent is unlikely to exist because:
(A) of job changes and seasonal uemployment
(B) many Americans are employed abroad
(C) children are usually unemployed
(D) married women are underrepresented in the labor force
(E) many Americans receive unemployment insurance payments
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a
0
6
Correct.
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6
(A) An unemployment rate of 0 percent is not likely to exist due, in part,
to structural and seasonal unemployment.
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6
6. The Constitution gives the power to coin money and regulate its value to:
(A) Congress
(B) the President
(C) the Secretary of the Treasury
(D) states banks
(E) the Securities and Exchange Commission
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a
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7
Correct.
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7
(A) The Constitution provides Congress with the power to coin money and
regulate its value. Congress has delegated this power by creating the Federal
Reserve System.
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7
7. The North Atlantic Treaty Organization was formed soon after:
(A) World War I
(B) World War II
(C) the Korean War
(D) the Vietnam War
(E) the Cuban Revolution
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b
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8
Correct.
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8
(B) The North Atlantic Treaty Organization was formed in 1949.
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8
8. Which of the following factors had the greatest impact on the American
economy during the 1970s?
(A) failing farm prices
(B) limits on imports
(C) falling martgage costs
(D) rising oil prices
(E) massive crop failures
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d
0
B
Correct.
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wrong answer explanation
B
(D) During the 1970s, rising oil prices were a major cause of inflation. Once
OPEC, the Organization of Petroleum Exporting Countries, raised oil prices, all
prices rose. It had an inflationary impact on economies around the world.
end