Civics/Econ.- Final Exam Review

Where do federal trials usually begin?

Means of production are mostly owned by private individuals.

The amount of goods that producers are willing & able to sell at a given price.

The total of all goods & services produced in a country in a year

When you shop in the grocery store, you are a ______.

The President may issue an _____, which has the force of law.

The study of how individuals and nations make choices about how to use scarce resources.

Who elects the President & Vice President?

Consumers buy products in the

Rights of consumers when manufacturers have made faulty products or claims

Which of the following is an example of a service?

The President sends ____ to represent the U.S. in other countries.

If you choose to buy a skateboard instead of an iPod, the iPod is the _____.

A surplus usually means that

Interest-bearing certificate.  (usually) low risk, low return

What is the Vice President's constitutional responsibility?

What is the main job of an appeals court?

A nation's overall plan for dealing with foreign nations is its _____.

The current President is

Judges rarely overturn previous decisions; they usually defer to ___ when making a decision.

Which economic system would be more likely to support free enterprise?

Who would be more likely to support gun control?

If my cost for an item is $1, and I sell it for $1.50, then my ___ is $.50

A plan to help you organize your income, costs, and savings.

The President may grant a ____ to forgive someone for their crime(s).

What is the state of Michigan's largest category for expenditures?

What is the maximum number of years a President can serve?

____ measures how efficiently businesses are using resources.

The two main parties in the U.S.A. today are the

In the circular flow model, where do workers receive income from?

A risk-taking individual who starts their own business is called an ______.

An expense that changes depending on how much you produce

10th amendment grants ____ to the states.

Which court has ____? Where should the trial be held?

Who has the final authority over whether a law is constitutional?

The things that people would like to have, but maybe aren't necessary

Buying without thinking it through

If I sue you, I am the ____.

The amount of a good or service that consumers are willing & able to buy at a given price is

All the useful "things" you need to make goods or services

The basic economic question: how do we satisfy our wants when we always have _____?

A system of maintaining both federal and state courts

Because we have two "houses" in Congress, our legislature is considered ____.

Which economic system would most likely support social security?

If you are accused of wrongdoing in a court of law, you are the _____.

Which of the following is a requirement for voting in the U.S.A.?

The money you pay for the privilege of borrowing money is ______.

Revenue is received in the ___ by the ____.

Which of the following makes you more likely to buy on impulse?

Ownership in a company

______ are put in place to punish a country for their actions.

Which part of the Constitution grants states reserved powers?

If you borrow $100,000 for a house, the amount of $100,000 is considered the ____.

Who would be more likely to support universal mandated health care?

Government workers receive their job through merit, not "who you know"

A law must be ____; it must not go against the constitution.

Allows the Supreme Court to determine if laws conflict with the Constitution

What is the chief executive for state government called?  And who is ours?

If you spend more than you earn, you will experience a ____ in your budget.

After your taxes have been deducted from your paycheck, you are left with _________.

Which of the following is a qualification for being the President of the United States?

Who has the power to declare war?

Which group has the highest voter turnout on average?

Federalists believed that the best way to protect individual rights was to have a 

The additional cost associated with producing an extra unit is the ____.

The 3 basic parts of a budget are income, costs, and

What is a grassroots movement?

On the demand curve, as the price goes down, the quantity demanded

Supreme Court Justices serve for

If I sell 50 books at $5 each, my _______ is $250.

Protecting the right to bear arms is part of the Republican party's ______.

What is the main source of revenue for state governments?

How is the number of electoral votes determined by state?

The place where supply meets demand on a graph is the

The safety and security of the nation is known as

Top advisers to the President (Secretary of State, Secretary of Defense, etc.)

Which of the following directly causes a CHANGE IN DEMAND?

On the supply curve, as the price goes down, the supply

material well-being of people as measured by how well their needs/wants are satisfied

Taxes are considered _____.

The ______ establishes the Constitution as the highest law of the land.

On election day, the candidates' names appear on the _______.

Who would be more likely to support government regulations to protect the environment?

How are prices established in the U.S.A.?

Which of the following is an example of a good?

What does the Constitution say about political parties?

The 26th amendment granted _________ to 18-year-olds in the United States. (right to vote)

What forces people and nations to make economic choices?

In a market economy, ____ motivates producers to provide a high quality, fairly priced product.

A circuit court may reverse the result of a trial if the judges decide that

A Presidential election is won by the candidate with the most

Who is next in line for the Presidency after the President and V.P.?