Practice Quiz

Praxis II Social Sciences Content Knowledge Exam Prep - Question List

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46. Expansionary monetary policy decreases interest rates in the short run. What is the effect of expansionary monetary policy in the medium run?
  1. Positive
  2. Neutral
  3. Negative
  4. Depends on GDP
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47. During the 1990s and due to a civil war, Nigeria experienced capital flight, especially by foreign investors. Capital flight is a significant and sudden reduction in the _______ within a country.
  1. Insurance against fraud
  2. Loanable funds
  3. Supply assets
  4. Demand for assets
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48. What affect would a rapid population increase have upon the real GDP and the per capita GDP?
  1. It would increase real GDP and have no effect upon per capita GDP
  2. It would decrease real GDP and increase per capita GDP
  3. It would increase real GDP and decrease per capita GDP
  4. It would lead to no change in either real GDP nor per capita GDP
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49. Human capital consists of workers’ skills and education. True or false?
  1. True
  2. False
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50. Which of the following is the summary record of all of a country’s international economic transactions within a specified period of time?
  1. Exchange rate
  2. Demand for dollars
  3. Balance of payments
  4. Current account balance
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