Free FSOT MCQ Questions and Answers — Questions and Answers
Question 1: Which of the following receives fiscal and monetary policy advice from the Council of Economic Advisers?
- The President of the United States (Correct answer)
- The Federal Reserve Bank
- The Senate Budget Committee
- The Joint Economic Committee of Congress
Correct answer: The President of the United States
To provide the President with unbiased evaluations of domestic and global economic challenges, the CEA was founded in 1946.
Question 2: Email addresses must adhere to a specified format and contain a number of required components, however many variations are acceptable. Which is NOT an acceptable form for an email address?
- President@ovaloffice.whitehouse.edu
- President@whitehouse.wdc.org (Correct answer)
- President@ovaloffice.whitehouse.gov
- President@whitehouse.wdc.org
Correct answer: President@whitehouse.wdc.org
Multiple sub-domains may be present in an email address, but they must be arranged hierarchically and conclude with a valid top-level domain. Since "wdc" is not a top-level domain, it cannot be used in an email address.
Question 3: Which of the following gave Congress the power to pass anti-slavery legislation?
- Cessation of War Powers
- Nineteenth Amendment
- Thirteenth Amendment (Correct answer)
- Emancipation Proclamation
Correct answer: Thirteenth Amendment
"Neither slavery nor involuntary work, unless as punishment for crime whereof the party may have been duly convicted, shall exist within the United States, or anywhere subject to their jurisdiction," reads Amendment XIII, Section 1, which was ratified on December, 1865. Congress is given the authority to execute Section 1 under Section 2.
Question 4: Most journalists concur that "background knowledge" when writing or producing a story means that the:
- Stories subject will be specifically identified
- Source will be specifically identified
- Source will no be specifically identified (Correct answer)
- Story's subject will not be specifically identified
Correct answer: Source will no be specifically identified
Speaking 'on background' means a journalist may use the information but will not specifically identify the source, protecting the source's anonymity. The other options reverse this by identifying the source or confuse it with the story's subject, which is not what background attribution refers to.
Question 5: President: "The Monroe Doctrine of 1823 was expanded."
- Lyndon Johnson to protect U.S. interests in southeast Asia
- Theodore Roosevelt to assert a U.S. right to intervene in Latin America to preserve law and order. (Correct answer)
- Woodrow Wilson to support Great Britain against German aggression.
- Franklin Roosevelt to extend U.S. influence in the Pacific.
Correct answer: Theodore Roosevelt to assert a U.S. right to intervene in Latin America to preserve law and order.
Roosevelt claimed that "adherence of the United States to the Monroe Doctrine may push the United States... to the use of a worldwide police authority," which he used to defend American intervention in Latin American nations under threat from European powers. This became known as the Monroe Doctrine's Roosevelt Corollary.
Question 6: Which of the following situations best depicts an instance when "gerrymandering" may be taking place?
- The representative to the House of Representatives from a congressional district in a large state is a member of one major party while the majority of voters in the district are members of another party
- An oddly shaped congressional district has a majority of voters from one of the two major parties while surrounding districts have majorities from the other major party. (Correct answer)
- One congressional district in a state has many more voters per square mile than the other districts in the state
- A congressional district traditionally has an almost even split between voters from each major party.
Correct answer: An oddly shaped congressional district has a majority of voters from one of the two major parties while surrounding districts have majorities from the other major party.
Gerrymandering is the process of drawing Congressional districts to support a particular political party. It is named after Massachusetts Governor Elbridge Gerry, whose 1812 creation of a politically favorable district had the appearance of a salamander.
Question 7: All of the following are instances of American goods that, absent government assistance, would normally not be produced to their full potential:
- New highways
- National defense products
- New automobiles (Correct answer)
- Light provided by lighthouses
Correct answer: New automobiles
Products for national security are categorized as a public benefit by economists. One person's consumption of public schools, which are provided for the benefit of society as a whole, does not have an impact on the amount that other people can consume. Politicians make decisions on how much of any public good should be produced, not individual consumers.
Which of the following receives fiscal and monetary policy advice from the Council of Economic Advisers?