1. The Council of Economic Advisers advises which of the following on
monetary and fiscal policy?
A. The Federal Reserve Bank
B. The Joint Economic Committee of Congress
C. The President of the United States
D. The Senate Budget Committee - ✔️ ✔C️is the correct answer. The
CEA was established in 1946 to give the President objective
analyses on domestic and international economic issues.
2. At the end of the year, you are asked to summarize the performance
evaluation ratings of the nine employees that you supervise. Their
scores on a 5-point scale are 2.0, 2.5, 2.5, 3.0, 3.5, 4.0, 4.0, 4.0, and
4.5. When reporting the descriptive statistics on your group, you have
to report the mean, median, and mode of their performance
evaluations. These numbers, in correct order, are:
A. 3.33, 3.5, 4.0
B. 3.5, 4.0, 3.33
C. 3.33, 4.0, 3.5
D. 3.33, 3.33, 4.0 - ✔️✔️A is the correct answer for the mean, the
sum of all scores divided by total number of scores; median, the
score with half the other scores above, and half below; mode, the
score most frequently achieved.
3. Which of the following authorized Congress to legislate against
slavery?
A. Thirteenth Amendment
B. Emancipation Proclamation
, C. Cessation of War Powers
D. Nineteenth Amendment - ✔️ ✔A ️. This is the correct answer.
Ratified on Dec. 6, 1865, Amendment XIII, Section 1, states:
"Neither slavery nor involuntary work, except as punishment for
crime whereof the party shall have been duly convicted, shall
exist within the United States, or anyplace subject to their
jurisdiction." Section 2 grants Congress the power to enforce
Section I.
4. When writing or producing a story, most journalists agree "background
information" means that the:
A. source will not be specifically identified.
B. source will be specifically identified.
C. story's subject will not be specifically identified.
D. story's subject will be specifically identified. - ✔️✔️
A is the
correct answer.
5. You are traveling to a foreign country. On the day of arrival you spend
168.00 in the local currency. The exchange rate is 8.00 = $1.00 U.S.
The next day you travel to a neighboring country and spend 245.00 in
that country's currency. The exchange rate is 4.00 = $1.00 U.S. How
much, in U.S. money, did you spend in total?
A. $62.25
B. $81.20
C. $82.25
D. $84.00 - ✔️ ✔️ C is the correct answer.
6. The Monroe Doctrine of 1823 was expanded by President:
A. Theodore Roosevelt to assert a U.S. right to intervene in Latin
America to preserve law and order.
B. Woodrow Wilson to support Great Britain against German
aggression.
C. Franklin Roosevelt to extend U.S. influence in the Pacific.
D. Lyndon Johnson to protect U.S. interests in southeast Asia. -
✔️ ✔A ️. This is the correct answer. Theodore Roosevelt justified
U.S. intervention in Latin American countries threatened by
European powers by declaring that "adherence of the United
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Masterful. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.19. You're not tied to anything after your purchase.