Weekly Review Quiz as of 2008-01-24
Economics:Micro
Labor Makes Big Comeback in '08 Races
by Brody Mullins
01/18/2008
1. The recent strategy of labor unions to increase voting by their members in the upcoming Presidential election is to:
* a) spend more money on, and emphasize, its ground game.
b) spend more money on TV and radio advertising for their preferred candidates.
c) convince candidates to adopt platforms preferred by union leaders.
d) work with corporations to promote candidates that are good for industry.
e) pay members to vote.
2. Unions have gained political clout in recent years in spite of:
a) politicians moving their platforms to favor big business.
b) decreased interest of union members in politics.
c) reduced wages of union workers.
d) the decline of the auto industry.
* e) declining union membership and campaign-finance reforms that many thought would diminish the clout of labor.
Energy-Tuning Your Home
by Gwendolyn Bounds
01/19/2008
1. The market for home energy use audits has been growing quickly because
a) the prices of these audits have been decreasing.
b) homes built 10-20 years ago are starting to show their age and need energy-saving improvements.
c) realtors are now demanding that home sellers conduct audits.
* d) home energy prices such as electricity, oil and natural gas have been increasing.
e) people are more environmentally conscious.
2. Consumers should be wary of home inspectors because
a) they may charge too much.
b) they may not perform careful inspections.
* c) they may recommend unnecessary repairs because they have ties to the manufacturers of products they recommend.
d) they may be incompetent.
e) they may be thiefs.
In South, Democrats' Tactics May Change Political Game
by Christopher Cooper, Valerie Bauerlein and Corey Dade
01/23/2008
1. In the political game of allocating campaign spending to attract voters, Barack Obama is trying something in South Carolina that many observers say has never been done in the state. He is:
a) making more personal appearances.
* b) circumventing local leadership and building a political machine from scratch.
c) offering “walk-around” to local church leaders, who have great political influence over their large congregations.
d) ignoring South Carolina.
e) producing radio and television that inform voters of his political platform and do not criticize his opponent, Hillary Clinton.
2. Traditional campaign theory is that candidates should allocate their political spending and time so as to:
a) ignore small small states and concentrate on large states only.
b) rely more on television advertising and less on personal appearances in large and small states.
c) rely on local political leaders in small states and make more personal appearances in large states.
* d) make more personal appearances in small states and rely on local political leaders in large states.
e) in small and large states, strike the same balance between personal appearances and the reliance on local political leaders