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12th Grade Social Studies Mid-Term Exam: Government & Economics
1.

In a direct democracy, citizens:

Select one option
2.

Which of the following is a defining characteristic of an authoritarian political system?

Select one option
3.

The principle of checks and balances is best illustrated by which of the following actions?

Select one option
4.

Which amendment to the U.S. Constitution protects freedom of speech, religion, assembly, and the press?

Select one option
5.

The concept of "due process of law," ensuring fair treatment through the judicial system, is primarily found in which two amendments of the U.S. Constitution?

Select one option
6.

The landmark Supreme Court case Marbury v. Madison (1803) established the principle of:

Select one option
7.

Which of the following is an example of the principle of federalism in the United States?

Select one option
8.

The U.S. Constitution distributes governmental powers among the legislative, executive, and judicial branches. This design is known as:

Select one option
9.

The primary role of the Judicial Branch, as established by the U.S. Constitution, is to:

Select one option
10.

The Bill of Rights was added to the U.S. Constitution primarily to:

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11.

The Electoral College was created by the framers of the U.S. Constitution primarily to:

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12.

To amend the U.S. Constitution, a proposed amendment must be approved by two-thirds of both houses of Congress and then ratified by:

Select one option
13.

Which of the following is an exclusive power of the Executive Branch?

Select one option
14.

The fundamental economic problem of scarcity arises because:

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15.

Opportunity cost is best defined as:

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16.

If the demand for a product is elastic, it means that a small change in price will lead to:

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17.

Gross Domestic Product (GDP) measures:

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18.

Which of the following is most likely to cause demand-pull inflation?

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19.

Cyclical unemployment is best described as unemployment that arises from:

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20.

According to the Law of Demand, as the price of a good increases, the quantity demanded will:

Select one option
21.

According to the Law of Supply, as the price of a good increases, the quantity supplied will:

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22.

In a competitive market, equilibrium price and quantity are determined by the intersection of:

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23.

Which of the following would most likely cause the demand curve for smartphones to shift to the right (increase)?

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24.

A technological advancement that makes production more efficient would most likely cause the supply curve for a product to:

Select one option
25.

If a government imposes a binding price ceiling on a product, the most likely outcome will be:

Select one option
26.

The First Amendment states, 'Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.'

Analyze the importance of two specific freedoms guaranteed by the First Amendment in a democratic society. Discuss how these freedoms contribute to a healthy democracy and identify potential limitations or controversies associated with each. Provide specific examples to support your analysis.

27.

Assume an economy is experiencing a significant recession, characterized by high unemployment and low consumer spending.

Discuss two distinct macroeconomic policies that the government or central bank could implement to address this recession. For each policy, explain how it works and what its intended effects are on the economy. Additionally, identify one potential drawback or challenge associated with each policy.

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