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The U.S. Economic System Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. What is the name given to an oligopoly that acts like a monopoly?

Question 2 2. Which of these is offered for savings at a bank?

Question 3 3. What best describes the role of government in a non Laissez-faire system?

Question 4 4. What is the reserve ratio?

Question 5 5. Which of these is a legal monopoly?

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Question 6 6. A stock is best defined as which of the following?

Question 7 7. How much of the nation's oil supply did Standard Oil control?

Question 8 8. What kind of economic control were the laissez-faire signers most against?

Question 9 9. What is the term giving to government action to end monopolies?

Question 10 10. Who benefits the most from Laissez-faire domestic actions?

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Question 11 11. Which of these was NOT a monopoly?

Question 12 12. Which of these pays a dividend?

Question 13 13. What kind of laissez-faire behavior would a company owner probably like the LEAST?

Question 14 14. Which of these is similar to a loan made directly to a company?

Question 15 15. Describe the current Laissez-faire state of the U.S. economy.

The U.S. Economic System Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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