Unit Test — Unit test Answers
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One of the main questions of economics involves deciding upon the method for
A
distributing goods and services.B
creating goods and services.C
pricing goods and services.D
enhancing goods and services.22
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Why does the US government create regulatory agencies? Check all that apply.
A
to create fair competition between producersB
to limit the knowledge of certain consumersC
to allow producers to have greater freedomD
to protect consumers’ health and safetyE
to prevent the formation of monopolies23
Review the image.
A
It was written by someone who runs an economic analysis blog.B
It uses data and graphs to support an analysis of the unemployment rate.C
It omits information to show a rise in unemployment numbers during certain time periods.D
It negatively labels people who are unemployed.24
What is one way a command economy affects the lives of private citizens?
A
Citizens cannot make most economic decisions.B
Citizens can only work in factories or on farms.C
Citizens must pay for their own health care.D
Citizens have limited access to education.25
Which sentence is an example of bias by labeling?
A
The tennis player was visibly upset by the official’s call.B
The childish tennis player threw her racket viciously at the net.C
Many tennis players dispute calls made by officials as to whether a ball is in bounds.D
Many tennis players sign contracts with athletic gear companies to promote their products.Did you find these answers helpful?
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