E1 Grade A fully answered questions
Study the graph.
In what time period did hydroelectric power usage reach its peak?
a. 1970-1980
b. 1980-1990
c. 1990-2000
d. 2000-2010 - (correct answer)c. 1990-2000
Producers can generate instant sales by using
a. devices.
b. forecasts.
c. patterns.
d. websites. - (correct answer)d. websites.
The difference in income between the richest and poorest citizens is called
a. a command economy.
b. unemployment.
c. private property.
d. the wealth gap. - (correct answer)d. the wealth gap.
Read this outline for an argumentative essay about the free enterprise system.
1. The free enterprise system is helpful because it allows for freedom.A. The free
enterprise system is the best economic system because itallows individuals to make
their own economic decisions.
,2. The choices of producers and consumers rule the free enterprise system.A.
Individuals have the freedom to become entrepreneurs.B. Supply and demand
determine their success or failure.C. Some people say without government support only
wealthy peoplecan succeed.D. More government interference would restrict freedom
and limit thechance for success.
3. The free enterprise system is helpful, not harmful, because it allows people to
determine their own economic fate.
The underlined sentence in the outline is the
a. claim.
b. conclusion.
c. counterclaim.
d. evidence. - (correct answer)a. claim.
_____ help economists make forecasts, which are also called predictions.
c. Economic patterns
b. Economic peaks
a. Economic theories - (correct answer)c. Economic patterns
The goal of a market economy is to
a. sustain self-sufficiency.
b. preserve traditional customs.
c. create equality within a society.
d. promote free economic choices. - (correct answer)d. promote free economic choices.
When the US government becomes aware of economic changes, the discovery is most
likely to influence
a. how the nation allocates resources.
b. how companies interest buyers.
c. how producers ship products.
,d. how economists study trends. - (correct answer)a. how the nation allocates
resources.
What is one way that technology can improve the distribution of goods?
a. Workers can take Internet classes to gain new skills.
b. Automation can create goods more cheaply and easily.
c. Businesses can hire factory workers across the world.
d. Container ships can transport a number of goods at once. - (correct answer)d.
Container ships can transport a number of goods at once.
Read the excerpt from the body paragraph of an argumentative essay about
entrepreneurs and free enterprise.
In a free enterprise system, companies can become more successful by beating their
competitors in service and pricing. Mary Kay Ash's innovative business plan used her
reduced costs and her loyal, home-based sales team to beat the competition at
providing cosmetics to American women.
Why is this excerpt an example of a strong argument?
a. It provides a citation as evidence to support the claim.
b. It states a counterclaim and demonstrates why it is incorrect.
c. It includes a clear topic sentence and provides effective support.
d. It is nonspecific so that readers can provide their own interpretations - (correct
answer)c. It includes a clear topic sentence and provides effective support.
Assessing opportunity cost involves
a. making choices and dealing with consequences.
b. choosing consequences over rewards.
c. reviewing past decisions and changing them.
d. minimizing profit and loss. - (correct answer)a. making choices and dealing with
consequences.
, What is the best definition of economic data?
a. Economic data is information used for calculation, analysis, or planning.
b. Economic data is the fastest time it takes to use the fewest resources.
c. Economic data is knowledge that can be applied to create solutions.
d. Economic data is a determination based on patterns and evidence. - (correct
answer)a. Economic data is information used for calculation, analysis, or planning.
Which power source has been least consumed?
a. wood
b. wind
c. biofuel
d. hydroelectric - (correct answer)b. wind
Which of the following illustrates an opportunity cost?
a. James has enough money to buy some socks and a book.
b. Alyssa does not have enough time to study for her test.
c. Amir only has time to study or to play basketball.
d. Lydia does not have enough money to buy a new shirt. - (correct answer)c. Amir only
has time to study or to play basketball.
What is the second step in the prewriting process for an argumentative essay?
a. forming a claim
b. finding evidence
c. creating an outline
d. developing an opinion - (correct answer)b. finding evidence
A(n)_____ essay expresses and defends an opinion or position.
a. argumentative
Study the graph.
In what time period did hydroelectric power usage reach its peak?
a. 1970-1980
b. 1980-1990
c. 1990-2000
d. 2000-2010 - (correct answer)c. 1990-2000
Producers can generate instant sales by using
a. devices.
b. forecasts.
c. patterns.
d. websites. - (correct answer)d. websites.
The difference in income between the richest and poorest citizens is called
a. a command economy.
b. unemployment.
c. private property.
d. the wealth gap. - (correct answer)d. the wealth gap.
Read this outline for an argumentative essay about the free enterprise system.
1. The free enterprise system is helpful because it allows for freedom.A. The free
enterprise system is the best economic system because itallows individuals to make
their own economic decisions.
,2. The choices of producers and consumers rule the free enterprise system.A.
Individuals have the freedom to become entrepreneurs.B. Supply and demand
determine their success or failure.C. Some people say without government support only
wealthy peoplecan succeed.D. More government interference would restrict freedom
and limit thechance for success.
3. The free enterprise system is helpful, not harmful, because it allows people to
determine their own economic fate.
The underlined sentence in the outline is the
a. claim.
b. conclusion.
c. counterclaim.
d. evidence. - (correct answer)a. claim.
_____ help economists make forecasts, which are also called predictions.
c. Economic patterns
b. Economic peaks
a. Economic theories - (correct answer)c. Economic patterns
The goal of a market economy is to
a. sustain self-sufficiency.
b. preserve traditional customs.
c. create equality within a society.
d. promote free economic choices. - (correct answer)d. promote free economic choices.
When the US government becomes aware of economic changes, the discovery is most
likely to influence
a. how the nation allocates resources.
b. how companies interest buyers.
c. how producers ship products.
,d. how economists study trends. - (correct answer)a. how the nation allocates
resources.
What is one way that technology can improve the distribution of goods?
a. Workers can take Internet classes to gain new skills.
b. Automation can create goods more cheaply and easily.
c. Businesses can hire factory workers across the world.
d. Container ships can transport a number of goods at once. - (correct answer)d.
Container ships can transport a number of goods at once.
Read the excerpt from the body paragraph of an argumentative essay about
entrepreneurs and free enterprise.
In a free enterprise system, companies can become more successful by beating their
competitors in service and pricing. Mary Kay Ash's innovative business plan used her
reduced costs and her loyal, home-based sales team to beat the competition at
providing cosmetics to American women.
Why is this excerpt an example of a strong argument?
a. It provides a citation as evidence to support the claim.
b. It states a counterclaim and demonstrates why it is incorrect.
c. It includes a clear topic sentence and provides effective support.
d. It is nonspecific so that readers can provide their own interpretations - (correct
answer)c. It includes a clear topic sentence and provides effective support.
Assessing opportunity cost involves
a. making choices and dealing with consequences.
b. choosing consequences over rewards.
c. reviewing past decisions and changing them.
d. minimizing profit and loss. - (correct answer)a. making choices and dealing with
consequences.
, What is the best definition of economic data?
a. Economic data is information used for calculation, analysis, or planning.
b. Economic data is the fastest time it takes to use the fewest resources.
c. Economic data is knowledge that can be applied to create solutions.
d. Economic data is a determination based on patterns and evidence. - (correct
answer)a. Economic data is information used for calculation, analysis, or planning.
Which power source has been least consumed?
a. wood
b. wind
c. biofuel
d. hydroelectric - (correct answer)b. wind
Which of the following illustrates an opportunity cost?
a. James has enough money to buy some socks and a book.
b. Alyssa does not have enough time to study for her test.
c. Amir only has time to study or to play basketball.
d. Lydia does not have enough money to buy a new shirt. - (correct answer)c. Amir only
has time to study or to play basketball.
What is the second step in the prewriting process for an argumentative essay?
a. forming a claim
b. finding evidence
c. creating an outline
d. developing an opinion - (correct answer)b. finding evidence
A(n)_____ essay expresses and defends an opinion or position.
a. argumentative
