Practice Quiz

FSOT: 500 Test Prep Study Questions - Question List

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96. Which action would support the principle of supply side economics?
  1. A business slashes prices to move excess inventory
  2. The government cuts taxes to encourage increased investment
  3. The government imposes trade restrictions to increase imports
  4. Industry leaders collaborate on pricing strategies
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97. In a downward stock market in which stockholders may rush to sell shares,increasing the downward spiral, conditions are known as:
  1. a bear market
  2. dumping
  3. a trade deficit
  4. a margin call
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98. Which government agency regulates the process for certifying labor unions as representatives of certain groups of workers?
  1. FTC
  2. AFL
  3. NLRB
  4. NTSB
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99. With which of the following nations did the United States have the largest trade deficit in 2005?
  1. Japan
  2. Mexico
  3. Canada
  4. China
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100. Which of the following would not be associated with the study of macroeconomics?
  1. Inflation
  2. National unemployment rates
  3. Production factors
  4. Individual consumer practices
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