This is kind of fun....
You answered 31 out of 33 correctly — 93.94 %
Average score for this quiz during January: 74.2%
Average score: 74.2%
You can take the quiz as often as you like, however, your score will only count once toward the monthly average.
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You can consult the following table to see how citizens and elected officials scored on each question.
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Answers to Your Missed Questions:
Question #31 - A. an increase in a nation’s productivity
Question #33 - D. tax per person equals government spending per person
31) International trade and specialization most often lead to which of the following?
A. an increase in a nation’s productivity
My choice B. a decrease in a nation’s economic growth in the long term
C. an increase in a nation’s import tariffs
D. a decrease in a nation’s standard of living
I could take this test again and I would still get this wrong. Well I wouldn't now, but my thoughts (incorrect based on the answer) led me to answer B and would again. Clearly, I need to obtain more education in economics.
33) If taxes equal government spending, then:
My choice A. government debt is zero
B. printing money no longer causes inflation
C. government is not helping anybody
D. tax per person equals government spending per person
E. tax loopholes and special-interest spending are absent
This one was a case of identifying an answer that looked good and not reading any others carefully. If I thought about the answers I would have answered this one correctly, trust me.
More fun, check out the website to see how people do based on a variety of criteria. I particularly like that those who identify as being in politics do worse than the general public.
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