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Full Download Test Bank For Essentials of Economics 8th Edition N Gregory Mankiw PDF Full Chapter
Full Download Test Bank For Essentials of Economics 8th Edition N Gregory Mankiw PDF Full Chapter
Full Download Test Bank For Essentials of Economics 8th Edition N Gregory Mankiw PDF Full Chapter
Gregory Mankiw
3. Resources are
a. scarce for households but plentiful for economies.
b. plentiful for households but scarce for economies.
c. scarce for households and scarce for economies.
d. plentiful for households and plentiful for economies.
ANSWER: c
POINTS: 1
DIFFICULTY: Difficulty: Easy
LEARNING OBJECTIVES: ECON.MANK.15.1 - LO: 1-0
NATIONAL STANDARDS: United States - BUSPROG: Analytic
TOPICS: DISC: Thinking Like an Economist
Scarcity
KEYWORDS: BLOOM'S: Comprehension
4. In considering how to allocate its scarce resources among its various members, a household
considers
a. each member’s abilities.
b. each member’s efforts.
c. each member’s desires.
d. All of the above are correct.
ANSWER: d
POINTS: 1
DIFFICULTY: Difficulty: Easy
LEARNING OBJECTIVES: ECON.MANK.15.1 - LO: 1-0
NATIONAL STANDARDS: United States - BUSPROG: Analytic
TOPICS: DISC: Thinking Like an Economist
Scarcity
KEYWORDS: BLOOM'S: Comprehension
© 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Ten Principles of Economics 3
ANSWER: a
POINTS: 1
DIFFICULTY: Difficulty: Easy
LEARNING OBJECTIVES: ECON.MANK.15.1 - LO: 1-0
NATIONAL STANDARDS: United States - BUSPROG: Analytic
TOPICS: DISC: Thinking Like an Economist
Scarcity
KEYWORDS: BLOOM'S: Knowledge
ANSWER: b
POINTS: 1
DIFFICULTY: Difficulty: Easy
LEARNING OBJECTIVES: ECON.MANK.15.1 - LO: 1-0
NATIONAL STANDARDS: United States - BUSPROG: Analytic
TOPICS: DISC: Thinking Like an Economist
Scarcity
KEYWORDS: BLOOM'S: Knowledge
© 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
4 Ten Principles of Economics
7. The overriding reason why households and societies face many decisions is that
a. resources are scarce.
b. goods and services are not scarce.
c. incomes fluctuate with business cycles.
d. people, by nature, tend to disagree.
ANSWER: a
POINTS: 1
DIFFICULTY: Difficulty: Moderate
LEARNING OBJECTIVES: ECON.MANK.15.1 - LO: 1-0
NATIONAL STANDARDS: United States - BUSPROG: Analytic
TOPICS: DISC: Thinking Like an Economist
Scarcity
KEYWORDS: BLOOM'S: Comprehension
8. A society allocates its scarce resources to various jobs. These scarce resources include
a. land.
b. people.
c. machines.
d. All of the above are correct.
ANSWER: d
POINTS: 1
DIFFICULTY: Difficulty: Moderate
LEARNING OBJECTIVES: ECON.MANK.15.1 - LO: 1-0
NATIONAL STANDARDS: United States - BUSPROG: Analytic
TOPICS: DISC: Thinking Like an Economist
Scarcity
KEYWORDS: BLOOM'S: Comprehension
NOTES: n
© 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Ten Principles of Economics 5
ANSWER: d
POINTS: 1
DIFFICULTY: Difficulty: Moderate
LEARNING OBJECTIVES: ECON.MANK.15.1 - LO: 1-0
NATIONAL STANDARDS: United States - BUSPROG: Analytic
TOPICS: DISC: Thinking Like an Economist
Scarcity
KEYWORDS: BLOOM'S: Comprehension
ANSWER: d
POINTS: 1
DIFFICULTY: Difficulty: Easy
LEARNING OBJECTIVES: ECON.MANK.15.1 - LO: 1-0
NATIONAL STANDARDS: United States - BUSPROG: Analytic
TOPICS: DISC: Thinking Like an Economist
Scarcity
KEYWORDS: BLOOM'S: Comprehension
© 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
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INDEX.
BOOK I.
HISTORY OF POLITICAL PARTIES.
Declaration of Independence, 4
Democratic Party, 17
Democratic nomination, 1856, 17
Despatches, Cipher, 234
Disunion Conventions, 53
Disbandment of provisional army, 15
Douglas’ amendment, 80
Garfield, 253
———— —assassinated, 260
Ghent, treaty of, 20
Governors, loyal, address to President, 144
Grangers, 218
Grant, 191
Greenback Party, 194
Kansas admitted, 56
Kansas-Nebraska Bill, 55
Kansas struggle, 71
Know-Nothing Party, 55
Land distribution, 45
League, White, 223
Lecompton constitution, 79
Legal Tender Decision, 194
Liberal Republicans, 199
Lincoln, 1st administration of, 120
———— 2d „ „, 177
Lincoln and Douglas debate, 73
Log-Rolling, first exhibition of, 8
Louisiana, purchase of, 15
———— fears of the people for the result, 15
———— price paid, 16
Louisiana’s Representatives admitted, 168
Pairing off, 37
Particularists, 5
Peace Convention, 106
Peace Parties, 19
Pensions, naval, 40
Pierce, Franklin, election of, 54
Politics, current, 298
Polk, James K., nomination of, 45
Pre-emption system, 37
Prohibitory Party, 196
Protective tariff, 21
Protective Tariff discussions, 28
Proclamation, Lincoln, 169
———— Emancipation, Sept. 22, 1862, 141
———— ———— January 1, 1863, 143
Readjusters, 263
Rebellion, Congress on the eve of, 113
Recall of American Minister and declaration of war of 1812, 18
Reconstruction, 169
———— act 39th Congress, 171
———— act supplemental 40th Congress, 172
———— measures, text of, 171
Reform in Civil Service, 200
Republican Association of Washington, 70
———— Convention, Chicago, 86
———— and Federal Parties, 8
———— Party, 69
———— Liberal, 199
Returning Boards, 217
Tariff, 44
Taxes, Confederate, 153
Taxes, Internal, 151
Taylor, Zach., nomination of, 50
Topeka Constitution, 79
Tory Party, 3
Treasury, deficit, 45
Twenty-first rule, 53
Tyler, John, succession of, 39
Vacancies happening during the recess may be filled temporarily by the President, 2
2 16
in representation in Congress, how filled, 1 2 13
Veto of the President, effect of, and proceedings on, 1 7 14
Vice-President of the U. S. to be President of the Senate, 1 3 14
how elected, 2 1 16
amendment, .. .. 19
shall, in certain cases, discharge the duties of President, 2 1 16
may be removed by impeachment, 2 4 17
Vote of one house requiring the concurrence of the other, 1 7 14
right of citizens to, not to be abridged on account of race or color, (15th
amendment), .. 1 20
Interest Laws of all the States and Territories of the United States, 5004