3rd 9weeks

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3rd 9-weeks
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Elections, Parties, and PressureCE.5 a-fCE.7
c-d
American Free Market SystemCE.9 a-cCE.10
a-cCE.11 a
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What term means seeking to influence
legislators to introduce or vote for or against a
bill? A. ParticipatingB. JoiningC.
LobbyingD. Expressing
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C. Lobbying
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The requirements for a majority vote to win in
the electoral college favors a -- ? A.
Two-party systemB. Multi-party systemC.
One-party systemD. The most experienced
candidate
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A. Two-party system
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All of the following are ways interest groups
influence public policy EXCEPT A.
Identifying issuesB. Making political
contributionsC. VotingD. Lobbying
government officials
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C. Voting
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Individuals can express opinions in influencing
public policy by doing all of the following
EXCEPTA. LobbyingB. Demonstrating C.
Sharing controlD. Writing letters
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C. Sharing control
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Which of the following is NOT a function of
political parties? A. Monitors the actions of
officeholders B. Educating the electorate
about campaign issuesC. Paying people to vote
for a particular candidateD. Help candidates
win elections
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C. Paying people to vote for a particular
candidate
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What type of system characterizes the American
political process? A. One-party systemB.
Two-party systemC. Multi-party systemD. The
most experienced candidate
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B. Two-party system
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What is required before a citizen may vote?
A. Voter registrationB. 15 years of age by
day of general electionC. LobbyingD.
Expressing an interest
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A. Voter registration
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All of the following are qualifications to
register and vote in Virginia EXCEPT A.
Citizen of the United StatesB. Resident of
Virginia and precinctC. Hold a job in
VirginiaD. 18 years of age by day of general
election
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C. Hold a job in Virginia
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Persons CANNOT register to vote in Virginia
A. In person at the registrars officeB.
In person at the Division of Motor VehiclesC.
By telephoneD. By mail application
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C. By telephone
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What is a basic responsibility of
citizenship?A. VotingB. Obeying the lawC.
LobbyingD. Expressing
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A. Voting
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Why have campaign finance laws been
reformed?A. Charities donate to their favorite
candidatesB. Rising costs limit who can afford
to run for officeC. Individuals refused to
donate moneyD. Candidates could not afford the
application fee
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B. Rising costs limit who can afford to run for
office
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Voter participation is usually greatest in --
A. Local electionsB. State electionsC.
Congressional electionsD. Presidential
elections
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D. Presidential elections
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Rising campaign costs encouraged the
development of what?A. Third partiesB.
Political action committeesC. Nationwide
boycotts of electionsD. Low income candidates
seeking office
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B. Political action committees
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In the electoral college process, the slate of
electors for each state is chosen by what? A.
Poplar voteB. Number of cities in the
stateC. States Congressional
representationD. Is the same for every state
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A. Poplar vote
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Which is NOT a similarity between political
parties? A. Both organize to win
electionsB. Both influence public policiesC.
Both develop the same platformsD. Both define
themselves in a way that wins majority support
by appealing to center
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C. Both develop same platforms
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Which of the following is true of third
parties? A. They introduce new ideas or press
for a particular issueB. They appeal to all
votersC. They never have extremist ideasD.
They win a majority of elections, because they
involve a political personality
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A. They introduce new ideas and press for a
particular issue
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Which of the following is NOT a strategy
informed citizens use to make choices in
elections? A. Identifying propagandaB.
Evaluating sourcesC. Confusing fact with
opinionD. Detecting bias
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C. Confusing fact with opinion
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What group influences elections by identifying
candidates, writing editorials, creating
political cartoons and broadcasting different
points of view?A. citizensB. lobbyistsC.
Political action committeesD. mass media
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D. Mass media
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All of the following are ways the media plays
an important role in setting the public agenda
EXCEPTA. Focusing public attention on
selected issuesB. Offering a forum in which
opposing viewpoints are communicatedC.
Holding government officials accountable to the
publicD. Gathering petitions
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D. Gathering petitions
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The United States economy is a -- ? A.
Mixed economyB. Command economyC.
Government controlled economyD. Traditional
economy
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A. Mixed economy
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A command economy is one that A. Has
central ownership of property and resourcesB.
Is the most common economic system todayC.
Has a greater government role than in a free
market economyD. Has private ownership of
property and resources
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A. Has central ownership of property and
resources
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In a mixed economy the government -- A.
Makes decisions for the public sectorB.
Adjusts supply and demandC. Limits individual
choiceD. Centrally plans the economy
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D. Centrally plans the economy
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The most common economic system today is A.
Central ownershipB. Mixed economyC. Command
economyD. Free market
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B. Mixed economy
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The following are characteristics of the United
States economy EXCEPT A. Free marketB.
Private partyC. profitD. Central ownership

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D. Central ownership
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What economic system is based on private
ownership of property, profit and individual
choice? A. traditionalB. free marketC.
commandD. subsistence
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B. Free market
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What is given up when a choice is made---the
highest valued alternative forgone? A.
Opportunity costB. Price C. CompetitionD.
Demand
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A. Opportunity Cost
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What are things that incite or motivate and are
used to change economic behavior? A.
competitionB. incentivesC. marketsD.
costs
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B. incentives
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What is the combining of human, natural,
capital and entrepreneurship resources to make
goods or provide services?A. consumptionB.
productionC. regulationD. promotion
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B. promotion
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All of the following are resources EXCEPT
A. naturalB. entrepreneurshipC.
capitalD. Supply and demand
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D. Supply and demand
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What is the using of goods and services? A.
ConsumptionB. ProductionC. RegulationD.
Promotion
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A. Consumption
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What consists of earnings after all expenses
have been paid? A. profitB.
CompetitionC. priceD. Consumer soverignty
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A. profit
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Consumers determine through purchases what
goods and services will be produced. This is
A. Consumer sovereigntyB. Supply and
demandC. Economic flowD. Financial capital
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A. Consumer sovereignty
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What is rivalry between producers and sellers
of a good or service resulting in better quality
of goods and services at a lower price?A.
partnershipB. corporationC. competitionD.
lobbying
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C. competition
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What is the amount of a good or service that
consumers are willing and able to buy at a
certain price? A. demandB. supplyC.
priceD. profit
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A. demand
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What is the amount of a good or service that
consumers are willing and able to sell at a
certain price? A. demandB. supplyC.
priceD. profit
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B. supply
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Why must individuals choose/make decisions about
desired goods and services? A. Because they
are sufficientB. Because they are limitedC.
Because they are marketableD. Because they are
plentiful
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B. Because they are limited
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Available resources and consumer preferences
determine what is A. consumedB.
producedC. promotedD. regulated
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B. produced
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Consumer preferences and price determine what is
A. consumedB. producedC. purchasedD.
regulated
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C. purchased
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Private financial institutions encourage saving
and investing by --A. Paying interest on
depositsB. Offering credit cardsC. Charging
monthly feesD. Providing loans
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A. Paying interest on deposits
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What promotes and regulates competition? A.
Credit unionsB. governmentC. Securities
brokeragesD. individuals
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B. government
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What is a form of business organization with one
owner who takes all the risks and all the
profits?A. partnershipB. proprietorshipC.
entrepreneurD. corporation
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B. proprietorship
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What is a form of business organization with two
or more owners who share the risks and the
profits?A. partnershipB. proprietorshipC.
entrepreneurD. corporation
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A. partnership
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What is a form of business organization that is
authorized by law to act as a legal person
regardless of the number of owners and where
owners share profits?A. partnershipB.
proprietorshipC. entrepreneurD.
corporation
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D. Corporation
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Who can take risk to produce goods and services
in search of profit and may establish any one of
the three types of business structures?A.
partnershipB. proprietorshipC.
entrepreneurD. corporation
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C. entrepreneur
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Who buys resources, makes products that are sold
to individuals, other businesses and the
government, and used the profits to buy more
resources?A. Businesses (producers)B.
servicesC. goodsD. Individuals
(households)
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A. Businesses (producers)
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Who owns the resources used in production, sells
the resources and uses the income to purchase
products?A. Businesses (producers)B.
servicesC. goodsD. Individuals (households)
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D. Individuals (households)
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The government uses legislation to discourage
monopolies in order to A. Promote
competitionB. Trade globallyC. Limit
competitionD. Encourage investments
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A. Promote competition
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The government regulates business by using
agencies to oversee business practices. All of
the following are agencies EXCEPTA. FCCB.
EPAC. FTCD. CIA
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D. CIA
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What does EPA stand for?
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Environment Protection Agency
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What does FCC stand for?
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Federal Communications Commission
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What does FTC stand for?
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Federal Trade Commission
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Interstate highways, postal service and national
defense are all examples ofA. Supply and
demandB. Public goods and servicesC.
Economic activityD. businesses
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B. Public goods and services
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Banks, savings and loans, credit unions and
securities brokerages are all examples of aA.
Private financial instituteB. governmentC.
Consumer sovereigntyD. Public good and
service
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A. Private financial institute
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Private financial institutes receive deposits
and make A. loansB. paymentsC.
goodsD. services
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A. loans
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What determines price?A. Interaction of
supply and demandB. Who acquires goods and
servicesC. The value of what is given upD.
Resources available
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A. Interaction of supply and demand
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What does price determine?A. Interaction of
supply and demandB. Who acquires goods and
servicesC. The value of what is given upD.
Resources available
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B. Who acquires goods and services
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Which is NOT a type of business ownership?A.
partnershipB. corporationC.
proprietorshipD. entrepreneurs
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D. entrepreneurs
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Who plays an important role in all three
business organizations?A. partnershipB.
corporationC. proprietorshipD.
entrepreneurs
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D. entrepreneurs
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What is selecting an item or action from a set
of possible alternatives?A. choiceB.
incentiveC. priceD. demand
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A. choice
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What is the amount of money exchanged for a good
or service?A. choiceB. incentiveC.
priceD. demand
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C. price
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Name the economy where markets are allowed to
operate without undue interference from the
government.A. enterpriseB. Free marketC.
Mixed economyD. Command economy
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B. Free market