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- 1. California became a United States territory during the administration of:
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- (A) James Buchanan
- (B) Franklin Pierce
- (C) Millard Fillmore
- (D) James K. Polk
- (E) Martin Van Buren
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- d
- 0
- 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:
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- (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
- 0
- 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:
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- (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
- 0
- 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:
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- (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
- 0
- 5
- Correct.
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- wrong answer explanation
- 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:
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- (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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- wrong answer explanation
- 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:
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- (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
- 0
- 7
- Correct.
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- wrong answer explanation
- 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:
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- (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
- 0
- 8
- Correct.
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- wrong answer explanation
- 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?
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- (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