Practice%20First%20Exam%20_4-1

Practice%20First%20Exam%20_4-1 - First Exam, Practice Test...

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1 First Exam, Practice Test #4 American Economic History Professor Rockoff Notes: (1) Correct answers to the short-answer questions are filled in and the correct answers to the multiple-choice questions are at the end of the exam. (2) The lectures change from year to year. There may be questions on this practice exam about material that was not covered this semester in the lectures or the assigned readings. There will be no questions about this material on the exams you take. By the same token there may be questions about material that I have covered in lectures or assigned readings for the first time this semester. (3) In class I may mention parallels with current affairs or give you the background behind something in the news. This material may be on the exam, although obviously it cannot be covered on these practice exams. (4) There are also a few questions on the practice second exams and finals that are relevant because the point in the semester when I give the exams changes and because the final is cumulative. (5) The questions are mixed up to create different versions of the exam, so the fact two questions are near each other does not mean that they refer to the same time period. (6) The relative size of the multiple choice and short answer sections may be somewhat different on the exam you take in class.
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2 Instructions . Answer the questions by marking the correct choice on your scantron or writing a sentence or two in response to the short answer questions. Be sure to write Version A or Version B on your scantron. The correct choice is never e. There are 41 multiple-choice questions worth 2 points each, and 6 short- answer questions worth 3 points each. The total is 100. Multiple Choice . (2 Points each) There is one best answer to each question in the sense of the one that appears to be most generally true in the light of class discussions and assigned readings. 1. Which of the following terms, when used by economic historians, generally refers to the two decades leading up to the Civil War? a. Antebellum Era b. Federalist Era c. Progressive Era d. Reconstruction 2. Which of the following terms, when used by economic historians, generally refers to the decades leading up to the World War I? a. Antebellum Era b. Federalist Era c. Progressive Era d. Reconstruction 3. Which of the following terms, when used by economic historians, generally refers to the two decades following the Revolution? a. Antebellum Era
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3 b. Federalist Era c. Progressive Era d. Reconstruction 4. Mercantilism aimed at which of the following a. keeping the government out of the economy b. an excess of exports over imports c. an excess of imports over exports d. a balance of international trade with exports equal to imports 5. According to the text, and to the lecture, most studies of the costs and benefits of mercantilist policies on the colonies have concluded that there was a ______ to the American colonies. a. small net benefit
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This note was uploaded on 09/25/2011 for the course ECONOMICS 305 taught by Professor Hughrockoff during the Spring '11 term at Rutgers.

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Practice%20First%20Exam%20_4-1 - First Exam, Practice Test...

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