Final Exam 2010-2011 Study Guide
1. What is the indirect method we use to elect the President?
2. How may Senators end a filibuster?
3. What are the five consumer rights?
4. What is a pocket veto?
5. Who are the people who start new businesses and introduce new products?
6. What is the Federal Reserve System?
7. What are the three qualifications to be a U.S. president?
8. What do police need to prove in order to obtain a search warrant?
9. What is fiscal policy?
10. What is labor?
11. What is scarcity?
12. What is consumer sovereignty?
13. What is the major policy-making group of the Fed?
14. What is another name for the “necessary and proper” clause?
15. What are public goods?
16. What are the resources needed to produce goods and services called?
17. What group of people approve presidential appointments?
18. What is a subpoena?
19. What role is the president acting in when he greets kings, queens, and foreign leaders called?
20. What is the job of an appeals court?
21. What are the rights of the accused?
22. What jurisdiction does district courts have?
23. What Supreme Court case claimed the power of judicial review?
24. What is the name of the role of the president when he is commanding the military?
25. What is the study of how we make decisions in a world where resources are limited?
26. In Brown v. Board of Education of Topeka, KS the Supreme Court ruled that segregation was a
violation of the equal protection clause in which amendment?
27. What is line-item veto?
28. What role is the most important of a U.S. president?
29. What do magistrates do?
30. What do financial institutions charge for loans?
31. Which federal courts are lawsuits and trials begun?
32. All together, what are the agencies and employees of the executive branch called?
33. Who manages the Fed?
34. Which amendment protects discrimination and you rights as a citizen?
35. Who is the person who USUALLY is in charge of the U.S. Senate?
36. What is crime?
37. What is a free market economy?
38. Buying U.S. bonds is a way the Fed stimulates the economy.
39. What are “wants”?
40. What is a command economy?
41. What are civil disputes?
42. What type of financial institution offers full banking service?
43. What are standing committees?
44. What are the three questions a society must ask when facing scarcity?
45. What are natural resources?
46. What are concurrent powers?
47. What is a juvenile delinquent?
48. What are anti-trust laws?
Final Exam 2010-2011 Study Guide
49. Who are the owners of a corporation?
50. What is a circuit?
51. What is a sales tax?
52. What is a budget deficit?
53. Who is the leader of the House of Representatives?
54. What is monetary policy?
55. What does the president do in the Economic Leader role?
56. Who makes the decisions in a command economy?
57. What happens at an arraignment?
58. What is the FDIC?
59. What Article in the Constitution created the federal court system?
60. In civil cases, what is the person called that is being sued?
61. What is a county?
62. What is judicial review?
63. What is capital?
64. What personality trait do employers most look for?
65. What is remand?
66. Who was John Marshall?
67. Congress cannot vote to override a Supreme Court ruling.
68. What is the clearest statement of the administration’s plans and goals for the upcoming year?
69. What powers are outlined in the 10th Amendment?
70. What does the 5th Amendment protect? (what rights)
71. What are incentives?
72. What jurisdiction does appeals courts have?
73. What is bicameral?
74. What is foreign policy?
75. What is the measure of the U.S. economy called?
76. The General Assembly is to the state of Virginia, as ____ is to the U.S. government.
77. What is the supremacy clause?
78. What is interest?
79. What are stocks?
80. What are the ways to self assess when selecting a career?
81. What kind of court handles most misdemeanors and less serious crimes?
82. What is person filing a lawsuit called?
83. What is opportunity cost?
84. What are felonies?
85. What is a partnership?
86. What is competition?
87. By _____the Supreme Court may decide if a law is constitutional.
88. What is a budget?
89. What are constituents?
90. What is a federal system?
91. What is the basic goal of foreign policy?
92. What are the four factors of production?
93. How are each state’s electoral votes determined?
94. How does the government work to maintain competition?
95. How long do Federal judges and Supreme Courts Justices serve?
Final Exam 2010-2011 Study Guide
Know these terms:
Standing committee
Concurrent powers
Executive branch
Federal system
probable cause
Felony
General Assembly
Consumer sovereignty
Law of demand
Profit
Electoral college
Veto
conference committee
reserved powers
judicial branch
county
misdemeanor
elector
Board of Supervisors
public goods
fiscal policy
proprietorship
scarcity
appeals
expressed powers
legislative branch
due process of law
apportion
Governor
Congress
incentive
law of supply
monetary policy
cabinet
Miranda v. Arizona
Short Answer:
Academic –
1. What are the 5 characteristics of the U.S. economy? (list and explain/describe)
Honors1. How a bill becomes a law
2. Concurrent vs. Reserved Powers (be able to provide examples)
3. Executive roles of the president and governors (be able to provide examples)
4. The federal court system (be able to provide examples)
5. What is scarcity and how does it relate to our wants, needs and the study of economics?