Question 1

Nobel laureate Robert Fogel contends that which of the following are good proxies for current levels of nutrition?

Accepted Answer

A) Changes in height during the growing years 
B) Total height 
C) Total weight 
D) Changes in weight during the growing years 
A) Changes in height during the growing years 
B) Total height 
C) Total weight 
D) Changes in weight during the growing years A

Question 2

Which of the following is most accurate about ownership of household goods,such as flush toilets,refrigerators,televisions,clothes dryers and automobiles?

Accepted Answer

A) Very few Americans at the poverty level in 2005 own these goods. 
B) Americans at the poverty level in 2005 own these goods at about the same rate as average households in 1950. 
C) Americans at the poverty level in 2005 own these goods at higher rates than average households in 1950. 
D) Americans at the poverty level in 2005 own these goods at about half the rate as average households in 1950. 
A) Very few Americans at the poverty level in 2005 own these goods. 
B) Americans at the poverty level in 2005 own these goods at about the same rate as average households in 1950. 
C) Americans at the poverty level in 2005 own these goods at higher rates than average households in 1950. 
D) Americans at the poverty level in 2005 own these goods at about half the rate as average households in 1950. C

Question 3

In August 1971,President Nixon implemented price and wage controls to combat inflation.What best describes our experience with these price controls?

Accepted Answer

A) Inflation remained about the same for many years. 
B) When the controls were implemented prices were decreasing,and within 3 years inflation increased dramatically and was about twice as high as it had been before the controls. 
C) Prices had increased rapidly before the controls were implemented,and they decreased rapidly in the years after the controls. 
A) Inflation remained about the same for many years. 
B) When the controls were implemented prices were decreasing,and within 3 years inflation increased dramatically and was about twice as high as it had been before the controls. 
C) Prices had increased rapidly before the controls were implemented,and they decreased rapidly in the years after the controls. B

Question 4

Which is true about present day Americans who are at the official poverty level?

Accepted Answer

A) Their incomes are about the same as those at the poverty level in 1950. 
B) Their incomes are higher than all but the richest Americans in 1900. 
C) Their incomes are about the same as those at the poverty level in 1900. 
D) Their incomes are about the same as those in the middle class in 1950. 
A) Their incomes are about the same as those at the poverty level in 1950. 
B) Their incomes are higher than all but the richest Americans in 1900. 
C) Their incomes are about the same as those at the poverty level in 1900. 
D) Their incomes are about the same as those in the middle class in 1950.

Question 5

Per capita GDP in the US during the 20ᵗʰ century _____.

Accepted Answer

A) has remained about the same. 
B) increased until about 1970 and decreased since then. 
C) was cyclical,but generally trending upward throughout the century. 
D) grew very quickly for the first half of the century and grew at a much lower rate in the second half of the century. 
A) has remained about the same. 
B) increased until about 1970 and decreased since then. 
C) was cyclical,but generally trending upward throughout the century. 
D) grew very quickly for the first half of the century and grew at a much lower rate in the second half of the century.

Question 6

Which is most accurate about those who were in the bottom fifth of the income distribution in 1975?

Accepted Answer

A) In 1991,about 85% of them were still in the bottom fifth of the income distribution. 
B) In 1991,about 50% were still in the bottom fifth of the income distribution. 
C) In 1991,about 25% were in the bottom fifth and another 25% were in the second poorest group. 
D) In 1991,about 30% were in the richest fifth and another 30% were in the second richest group. 
A) In 1991,about 85% of them were still in the bottom fifth of the income distribution. 
B) In 1991,about 50% were still in the bottom fifth of the income distribution. 
C) In 1991,about 25% were in the bottom fifth and another 25% were in the second poorest group. 
D) In 1991,about 30% were in the richest fifth and another 30% were in the second richest group.

Question 7

Which of the following most accurately describes changes in life expectancy?

Accepted Answer

A) Life expectancy was relatively low until 1750,when it increased extremely rapidly. 
B) Life expectancy has increased steadily during the past 6,000 years. 
C) Life expectancy was low until after World War II,when it increased very quickly. 
D) Life expectancy has exhibited significant cyclical patterns of growth and decline. 
A) Life expectancy was relatively low until 1750,when it increased extremely rapidly. 
B) Life expectancy has increased steadily during the past 6,000 years. 
C) Life expectancy was low until after World War II,when it increased very quickly. 
D) Life expectancy has exhibited significant cyclical patterns of growth and decline.

Question 8

Which is true about present day Americans who are at the official poverty level?

Accepted Answer

A) Their incomes are about the same as the average world income. 
B) Their incomes are about half of the average world income. 
C) Their incomes are above the world average per capita income. 
D) Their incomes are about the average income of people in nations like China,India and Pakistan. 
A) Their incomes are about the same as the average world income. 
B) Their incomes are about half of the average world income. 
C) Their incomes are above the world average per capita income. 
D) Their incomes are about the average income of people in nations like China,India and Pakistan.

Question 9

Which of the following most accurately describes world population growth?

Accepted Answer

A) World population has increased steadily during the past 6,000 years. 
B) World population has exhibited significant cyclical patterns of growth and decline. 
C) World population was relatively small until 1750,when it increased extremely rapidly. 
D) World population was small until after World War II,when it increased very quickly. 
A) World population has increased steadily during the past 6,000 years. 
B) World population has exhibited significant cyclical patterns of growth and decline. 
C) World population was relatively small until 1750,when it increased extremely rapidly. 
D) World population was small until after World War II,when it increased very quickly.

Question 10

Which most accurately describes U.S.GDP from 1900 to 2007 (in 2000 constant dollars)?

Accepted Answer

A) U.S.GDP per capita decreased much more rapidly than prices. 
B) U.S.GDP per capita has held constant. 
C) U.S.GDP per capita has increased by nearly twofold.. 
D) U.S.GDP per capita has increased by nearly eightfold.. 
A) U.S.GDP per capita decreased much more rapidly than prices. 
B) U.S.GDP per capita has held constant. 
C) U.S.GDP per capita has increased by nearly twofold.. 
D) U.S.GDP per capita has increased by nearly eightfold..

Nobel laureate Robert Fogel contends that which of the following are good proxies for current levels of nutrition?

Which of the following is most accurate about ownership of household goods,such as flush toilets,refrigerators,televisions,clothes dryers and automobiles?

In August 1971,President Nixon implemented price and wage controls to combat inflation.What best describes our experience with these price controls?

Which is true about present day Americans who are at the official poverty level?

Per capita GDP in the US during the 20ᵗʰ century _____.

Which is most accurate about those who were in the bottom fifth of the income distribution in 1975?

Which of the following most accurately describes changes in life expectancy?

Which is true about present day Americans who are at the official poverty level?

Which of the following most accurately describes world population growth?

Which most accurately describes U.S.GDP from 1900 to 2007 (in 2000 constant dollars)?

Founding the Colonies

Colonial Economic Activities

The Economic Relations of the Colonies

Economic Progress and Wealth

Three Crises and Revolt

Hard Realities for a New Nation

Land and the Early Western Movements

Transportation and Market Growth

Market Expansion Industry in First Transition

Labor During the Early Industrial Period

Money and Banking in the Developing Economy

The Entrenchment of Slavery and Regional Conflict

War, Recovery and Regional Divergence

Agricultures Western Advance

Railroads and Economic Change

Industrial Expansion and Concentration

The Emergence of Americas Labor Consciousness

Money, Prices, and Finance in the Postbellum ERA

Commerce at Home and Abroad

Mobilizing for War

The Roaring Twenties

The Great Depression

The New Deal

World War II

The Changing Role of the Federal Government

Government the Business Cycle After World War II

Manufacturing, Productivity, and Labor

Achievements of the Past, Challenges for the Future

Filters

Exam 1: Economic History

Nobel laureate Robert Fogel contends that which of the following are good proxies for current levels of nutrition?

Which of the following is most accurate about ownership of household goods,such as flush toilets,refrigerators,televisions,clothes dryers and automobiles?

In August 1971,President Nixon implemented price and wage controls to combat inflation.What best describes our experience with these price controls?

Which is true about present day Americans who are at the official poverty level?

Per capita GDP in the US during the 20ᵗʰ century _____.

Which is most accurate about those who were in the bottom fifth of the income distribution in 1975?

Which of the following most accurately describes changes in life expectancy?

Which is true about present day Americans who are at the official poverty level?

Which of the following most accurately describes world population growth?

Which most accurately describes U.S.GDP from 1900 to 2007 (in 2000 constant dollars)?

Founding the Colonies

Colonial Economic Activities

The Economic Relations of the Colonies

Economic Progress and Wealth

Three Crises and Revolt

Hard Realities for a New Nation

Land and the Early Western Movements

Transportation and Market Growth

Market Expansion Industry in First Transition

Labor During the Early Industrial Period

Money and Banking in the Developing Economy

The Entrenchment of Slavery and Regional Conflict

War, Recovery and Regional Divergence

Agricultures Western Advance

Railroads and Economic Change

Industrial Expansion and Concentration

The Emergence of Americas Labor Consciousness

Money, Prices, and Finance in the Postbellum ERA

Commerce at Home and Abroad

Mobilizing for War

The Roaring Twenties

The Great Depression

The New Deal

World War II

The Changing Role of the Federal Government

Government the Business Cycle After World War II

Manufacturing, Productivity, and Labor

Achievements of the Past, Challenges for the Future

Filters