Practice Test Answers

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1
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President George W. Bush gave tax credits to energy companies to

A
encourage the employment of guest workers.
B
give investors more money to invest.
C
give consumers more money to spend.
D
increase production of fossil fuels and nuclear power.
2
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The American Recovery and Reinvestment Act provided support by

A
making loans to auto companies.
B
working to ease the bank credit crisis.
C
bailing out financial institutions.
D
funding road and bridge construction.
3

Which Internet-related factor most affects the entertainment industry?

A
online newspapers and magazines
B
downloadable music and videos
C
increased scientific research
D
international collaboration
4

How did the September 11th attacks affect New York City?

A
The city was ashamed because the terrorists were from New York.
B
The city suffered because tourists no longer wished to visit New York.
C
The city faced economic problems due to damage in the financial sector.
D
The city was saddened because foreign visitors were forced to leave.
5

In the wake of the September 11th attacks,

A
a struggling economy became even worse.
B
President Bush struggled to build support.
C
other nations were reluctant to support the US.
D
the government became partisan and divided.
6

One of the main goals of international economic organizations is to

A
eliminate competition between nations.
B
promote and regulate trade between nations.
C
increase economic differences between nations.
D
reduce interconnections between nations.
7

How do American consumers most benefit from globalization?

A
Creating industries in less-developed countries increases competition.
B
Competing in a global marketplace forces smaller companies to close.
C
Reducing costs for labor and resources lowers the prices of goods.
D
Building factories in foreign countries shifts some jobs overseas.
8

Which statement best explains the relationship between television and the Internet?

A
Television programs can be streamed through mobile devices to the Internet.
B
Television programs can be streamed to mobile devices through the Internet.
C
Television makes it possible to use GPS technology on the Internet.
D
The Internet makes it possible to use GPS technology on televisions.
9

Which issue helped determine the outcome of the 2008 presidential race?

A
opposition to the war in Iraq
B
concern about an oil spill
C
anger over health-care reform
D
worry about campaign financing
10

How did congressional Republicans and Democrats respond to President Bush’s proposed changes to immigration law?

A
Both parties criticized his guest worker program.
B
Only Republicans passed his guest worker program.
C
Both parties supported his guest worker program.
D
Only Democrats passed his guest worker program.

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