CSET Social Science Subset 3 Exam New Latest
Version Updated 2024-2025 Best Studying
Material with All Questions and Answer
The U.S. Government's current relationship with American Indian tribal governments is most
similar to ----------- Correct Answer ----------- US states, since American Indian tribal
governments have the right to assert jurisdiction over their members
In what way does the European Union;s Freedom of Movement for the Workers affect the U.S.
domestic economy? ---------- Correct Answer ----------- It lowers the production cost of the EU
economies, resulting in competition for U.S. production
In what ways does more efficient shipping methods affect the global economy? ---------- Correct
Answer ----------- It assists specialization of production and the development of comparative
advantage.
Whats an example of a disadvantage gained in global trade by the U.S. economy? ----------
Correct Answer ----------- Imperfect competition through trade with protectionist systems.
Historically, debates about the role of a free press in U.S. Society have arisen most frequently
during: ----------- Correct Answer ----------- International conflicts involving the U.S.
What was a major cause of the conflicts within and among emerging democracies of Africa
during the second half of the twentieth century? ----------- Correct Answer ----------- Political
boundaries the had been established under colonial powers
What is the basic assumption in using non-monetary incentives in increasing productivity? -------
---- Correct Answer -------------- That the labor force does not conform to the "man as machine"
stereotype
How does the notion of Private Property help economic productivity? ----------- Correct Answer -
------------- It encourages the improvement of marginal resources
How does a Free Market provide for individual liberty? ----------- Correct Answer -------------- It
allows producers to take risks
What is the basic role of the market? ----------- Correct Answer -------------- To set and control
prices of goods
What is the major function of the government in a Free Market economy? ----------- Correct
Answer -------------- To create and regulate a monetary system
How does the government control the interest rate? ----------- Correct Answer -------------- By
, controlling the flow of cash in the economy
What has been the most important achievement of labor unions? ----------- Correct Answer -------
------- Setting up a minimum wage
How does off-shoring production affect domestic economy? ----------- Correct Answer ------------
-- It shifts the flow of capital away from domestic income
How does the theory of Comparative Advantage benefit the domestic economy? -----------
Correct Answer -------------- By lowering the cost of production
In what ways does the globalization of the US economy hurt the domestic economy? -----------
Correct Answer -------------- It takes the regulations out of the hands of the government
What was the major form of imposing trade restrictions during the Great Depression? -----------
Correct Answer -------------- Imposing high tariffs on foreign goods
What countries are parties to NAFTA? ----------- Correct Answer -------------- US, Canada, and
Mexico
What is the effect of international trade on the strength of a national currency? ----------- Correct
Answer -------------- High volume of imports makes a currency weak
How is currency exchange rate established? ----------- Correct Answer -------------- By
determining the value of one currency against that of another one
What was the environmental situation and settlement pattern of California prior to the arrival of
the Europeans? ----------- Correct Answer -------------- It was sparsely populated and had very
few agriculturally viable areas due to low rainfall
Declining consumer demand should result in what change to a firm's behavior? ----------- Correct
Answer ----------- A reduction in product output
Aristotle believed that the best achievable government was one that mixed elements of
democracy with oligarchy. This belief influenced the founding fathers in which of feature of the
constitution? ----------- Correct Answer ----------- The electoral process
Historically it would be most accurate to say that in the united states the power of judicial
review: ----------- Correct Answer ----------- Has been inferred from the logic, structure, and
theory of the U.S. Constitution.
The court's decision in McCulloch v. Maryland clarified which feature of the government
established by the U.S. Constitution? ----------- Correct Answer ----------- Federalism
The founder's vision of the electoral college (the electors' ability to exercise independent
judgment among a large number of candidates) did not become a reality primarily because: ------
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