(04.03 LC)You are participating in a game show competition where each contestant is presented with a unique puzzle that requires you to think creatively and solve a problem you’ve never encountered before. Which type of intelligence would support your success in this situation?

“Automatic stabilizers” played a part in reducing the length and severity of the recession of 1953-54.  This term refers to   a.  deficit spending by the federal government.   b.  spending on education by local and state governments.   c.  programs like unemployment insurance and Social Security.   d.  actions by the Federal Reserve aimed at reducing interest rates.

Which of the following was most likely the most costly war the United States had fought?   a.  the War of 1812   b.  the Cold War   c.  World War I   d.  World War II

Which of the following statements presents accurate information about the Standard Oil merger?   a.  The Standard Oil merger is an example of a vertical merger.   b.  Standard Oil was initially organized as a holding company.   c.  The petroleum refining industry was never particularly competitive, and was dominated by a few large firms even prior to the Standard Oil merger.   d.  Following the merger, Standard Oil controlled 90 percent of U.S. refining capacity.

According to Gresham’s Law,   a.  inflation and unemployment are inversely related.   b.  tax rates and tax revenues are inversely related.   c.  bad money drives out good money.   d.  inflation is inevitable in the long run.

During a DBT skills group, a client is struggling with intense emotional pain and the urge to self-harm. The PMHNP suggests splashing their face with cold water. This is an example of which DBT skill?

The charter of the Bank of the United States was not renewed in 1811 in part because ​   a.  Thomas Jefferson, who was president at the time, believed it to be unconstitutional.   b.  of years of general instability in the value of currency.   c.  of instability and uncertainty in the expansion of credit.   d.  of fears of foreign ownership and manipulation.

Modern investment banking houses emerged in the U.S. in the 19th century to assist in financing   a.  railroad construction.   b.  mail-order houses.   c.  large corporations producing iron and steel.   d.  the textile industry.

Which of the following economists is often credited with establishing the monetarist school of thought?   a.  John Maynard Keynes   b.  Arthur Laffer   c.  A. W. Phillips   d.  Milton Friedman

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