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CSET SOCIAL SCIENCE SUBTEST 3 EXAM|ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS

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CSET SOCIAL SCIENCE SUBTEST 3 EXAM|ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS

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CSET SOCIAL SCIENCE SUBTEST 3
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CSET SOCIAL SCIENCE SUBTEST 3

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CSET SOCIAL SCIENCE SUBTEST 3
EXAM|ACTUAL EXAM COMPLETE
QUESTIONS AND CORRECT DETAILED
ANSWERS




Which one best describes a central value of Republicanism? - CORRECT-
ANSWER-That citizens must put civic duty ahead of their individual
interest




In the U.S., who confirms the election of the President? - CORRECT-
ANSWER-The Senate




When was the phrase 'Under God" added to the Pledge of Allegiance? -
CORRECT-ANSWER-In 1954 by the Congress

, Page |2


What problem did the theory of Concurrent Majority try to solve? -
CORRECT-ANSWER-The problem of the Tyranny of the Majority.




What is the basic assumption of the theory of Supply and Demand? -
CORRECT-ANSWER-That markets perfectly competitive




In what situation is a business said to be making a normal profit? -
CORRECT-ANSWER-When the total profit equals the total of all fixed
and variable costs




What is economic profit? - CORRECT-ANSWER-Total value of all gods
and services produced in an economic entity




How is economic distribution defined? - CORRECT-ANSWER-The
distribution of total output among individuals or factors of production
in an economic activity
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