#91
|
|||
|
|||
Re: Interesting US civics test
You answered 47 out of 60 correctly — 78.33 %
I have a B.A. in economics, that's definitely what a public good is. BUT... question 58, a fellow econ grad needs to help me out. What is a major effect of a purchase of bonds by the Federal Reserve? A. A reduction in the supply of common stock. B. An increase in the volume of commercial bank loans. C. A decrease in the supply of money. D. An increase in interest rates. E. A decrease in investment spending by businesses. Purchase of bonds by Fed = increase in money supply = increase in interest rates, no? So I thought D. Furthermore, B C & E all seem consistent with a LOWER interest rate. Yet the answer is B? I'm so confused! |
#92
|
|||
|
|||
Re: Interesting US civics test
[ QUOTE ]
[ QUOTE ] 66%, i passed! [/ QUOTE ] see daryn didnt do well and he's the smartest person he knows, so thats pretty much proof that test means dick [img]/images/graemlins/smile.gif[/img] [/ QUOTE ] yeah man too many dumb terms and guys i have never heard of. but i took my lumps like a man. i'm sure if you went to school for history or econ you'd do much better than i did. then again if they had a test for science and math in this format i would crush and everyone else would get 60's blahahahaha |
#93
|
|||
|
|||
Re: Interesting US civics test
[ QUOTE ]
You answered 47 out of 60 correctly — 78.33 % I have a B.A. in economics, that's definitely what a public good is. BUT... question 58, a fellow econ grad needs to help me out. What is a major effect of a purchase of bonds by the Federal Reserve? A. A reduction in the supply of common stock. B. An increase in the volume of commercial bank loans. C. A decrease in the supply of money. D. An increase in interest rates. E. A decrease in investment spending by businesses. Purchase of bonds by Fed = increase in money supply = increase in interest rates, no? So I thought D. Furthermore, B C & E all seem consistent with a LOWER interest rate. Yet the answer is B? I'm so confused! [/ QUOTE ] It is B. The government buying treasury bills increases the money supply which makes more funds available for loans thus increasing the amount of loans. |
#94
|
|||
|
|||
Re: Interesting US civics test
56/60
2 of the ones I missed I'm kicking myself for now. |
#95
|
|||
|
|||
Re: Interesting US civics test
Great- thanks for making me feel stupider than average.
73.33% |
#96
|
|||
|
|||
Re: Interesting US civics test
29/60. Am I the low so far? I'm from the US.
I challenge anyone who beat me to an IQ test or an algebra problem speed contest. |
#97
|
|||
|
|||
Re: Interesting US civics test
[ QUOTE ]
29/60. Am I the low so far? I'm from the US. I challenge anyone who beat me to an IQ test or an algebra problem speed contest. [/ QUOTE ] Seriously? I think that'd be fun even though I'm definitely not your toughest competition in here. |
#98
|
|||
|
|||
Re: Interesting US civics test
75% for me.
Since 25% of the questions were about Plato and other foreigners, I'm OK with that score. |
#99
|
|||
|
|||
Re: Interesting US civics test
average score, kind of sad considering I got a 5 in APUSH only 5 years ago.
|
#100
|
|||
|
|||
Re: Interesting US civics test
40/60
Not from the us and never read any American history. I thought it was really hard, how am I supposed to know a bunch of weird quotes. I think I luckboxed a bit on the guessing though. |
|
|