Unit Test — Cumulative exam Answers

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21
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To create the proper tone for an argumentative essay, a writer should

A
include opinionated words.
B
add complicated language.
C
incorporate unusual stories.
D
use a straightforward approach.
22
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A disadvantage of adding a vegetarian hot-food option to a school lunch menu is that it would

f
force all students to change their diets.
e
eliminate a meat option from the menu.
h
help only some students on special diets.
i
increase the amount of food that is wasted.
23

What circumstances during the early days of industrialization led to a need for reform? Check all that apply.Factory equipment was dangerous to operate.There were too few capable workers to fill positions.There was little government regulation of workplaces.A typical work shift might be twelve to sixteen hours long.It was very expensive to keep factories running.

F
Factory equipment was dangerous to operate.
T
There were too few capable workers to fill positions.
T
There was little government regulation of workplaces.
A
A typical work shift might be twelve to sixteen hours long.
I
It was very expensive to keep factories running.
24

When prices drop below the point where supply and demand meet, it results in

A
coordination.
B
disequilibrium.
C
equilibrium.
D
production.
25

How does a counterclaim help support a writer’s position in an argumentative essay?

A
The counterclaim shows how the position is misleading.
B
The counterclaim shows how the opposing opinion is incorrect.
C
The counterclaim allows readers to state their own positions.
D
The counterclaim allows readers to provide their own interpretations.
26

best

b
by reducing production costs
b
by focusing on target markets
b
by increasing production of certain items
b
by limiting the types of goods produced
27

When applying for credit, what information should borrowers research? Check all that apply.feesgovernment regulationsinterest ratesintroductory ratesrequired repayments

A
fees
B
government regulations
C
interest rates
D
introductory rates
E
required repayments
28

Which form of transportation has led to more efficient business in a global market?

A
helicopters
B
high-speed trains
C
tractor trailers
D
cargo ships
29

National Export InitiativeFTA Tariff ToolEuropean UnionAssociation of Southeast Asian Nations

A
National Export Initiative
B
FTA Tariff Tool
C
European Union
D
Association of Southeast Asian Nations
30

In which way do producers try to differentiate themselves in monopolistic competition?

A
price
B
advertising
C
product features
D
image
31

Through the successful study of personal finance, an individual will be

b
better prepared to calculate financial risks
a
able to spend available assets.
f
faced with long-term challenges.
m
more likely to avoid high opportunity costs.
32

In which of the following ways do governments spend money to meet public needs? Check all that apply.by protecting the publicby arming the publicby providing health careby supporting educationby building roads and bridges

A
by protecting the public
B
by arming the public
C
by providing health care
D
by supporting education
E
by building roads and bridges
33

Who is following the law when it comes to protecting investors’ funds?

A
a financial planner who pitches a risk-free stock
B
a mutual fund advisor who informs investors about risks
C
a broker who sells CDs from nonfinancial institutions
D
a realtor who advertises a can’t-miss land buy
34

Through the successful study of personal finance, an individual will be

A
better prepared to calculate financial risks
B
able to spend available assets.
C
faced with long-term challenges.
D
more likely to avoid high opportunity costs.
35

What are standards designed to do? Check all that apply.protect consumerssupport domestic industrieslimit importsensure safetyoffer domestic industries an advantage

A
protect consumers
B
support domestic industries
C
limit imports
D
ensure safety
E
offer domestic industries an advantage
36

best

a
a tax that charges low-income earners a lower percentage than high-income earners
a
a tax that charges an equal percentage to all
a
a tax that charges earners based on their professions
a
a tax that charges high-income earners a lower percentage than low-income earners
37

Which of the following are considered needs? Choose three answers.foodInternetcell phoneresidencetelevisionwater

A
food
B
Internet
C
cell phone
D
residence
E
television
F
water
38

Why is pure competition considered an unsustainable system?

A
Price differentiation is often too minimal to matter.
B
Few barriers exist to entry, meaning that the market inevitably floods.
C
Consumers cannot distinguish between products.
D
Producers cannot make a profit if they keep dropping their prices.
39

The highest amount a landlord can charge for rent is an example of

a
an incentive.
a
a price floor.
a
a price ceiling.
a
an elastic service.
40

private closefactor

A
private
B
close
C
factor

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