Economics Mcqs
Why is the private ownership of property deemed beneficial ?

A. It is the american way
B. Greed makes the world go around
C. Keeping up with the joneses leads to success
D. None of the above

Contrary to Karl Marx,s expectations communist revolutions occurred in_______________?

A. Agricultural nations like cuba
B. Less economically developed nations like russia
C. Asian nations lacking well-developed industrial sectors like china
D. All of the above

“Laissez-faire”______________?

A. Is the rallying cry of the women liberation movement?
B. Was karl marx’s exhortation to the workers of the world
C. Is the french expression adam smith used to mean that government should keep its hands off the economy?
D. Is the economic theory introduced to the u.s by keynes?

Government____________?

A. Is a pivotal institution
B. Is the acting arm of the state
C. Includes the political process
D. All of the above

The chief reason that Congress is so ineffective is________________?

A. That the constitution delegates it so little power
B. A result of the gradual emergence of the supreme court as a legislative body
C. The development of the power of state governments
D. The traditional organization of the legislative branch

Which is NOT a presidential role ?

A. Chief justice
B. Commander in chief of armed forces
C. Chief diplomat
D. Party leader

Judicial review by the Supreme Court is based on____________?

A. Explicit statements in the constitution
B. The marbury v madison decision
C. An act of congress
D. The first amendment to the constitution

The writers of the Constitution intended the president to have________________?

A. Strong personal power
B. Weak personal power
C. No power at all
D. Power only in declaring war

Constitutions are________________?

A. Always written
B. Intended to limit governmental power
C. Meant to establish the rule of men
D. Blueprints for monarchies

The Untied States Constitution provides for the________________?

A. Doctrine of elitist pluralism
B. Doctrine of executive privilege
C. Principle of federalism
D. Concept of polis