You answered 56 out of 60 correctly -- 93.33 %
Average score for this quiz during September: 75.1%Average score since September 18, 2007: 75.1%
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I got 50, 53, 57 and 58 wrong. I think that number 53 is very subjective, and number 57 can go in one of two directions.
If you get a failing grade on this, you really have no business voting.
Of course, excluding anyone who doesn't pass just means that 99% of people wouldn't be able to vote.
I'm all for that...
And we could finally set about the task of actually fixing our government rather than piling on more crap and hoping it doesn't collapse.
Weee! I get to keep voting, since I got a passing grade - 73.33% is a C, correct? =D
I think #53 didn't even have a correct answer among the choices. Which other way do you see #57 going?
It was supposed to be A, but I said B on the grounds that if you have such demand that it increases the price, it would mean that you have a very hot commodity on your hands and people will buy it up.
But it's not *just* demand that increases the price--it's cost too, and the theaters are subject to the studios' prices. Also I think it would be the cagiest businessman in the world who could adjust prices up and yet not have even a small net loss of customers, which may or may not be covered by the increased per-unit price.
...she said, as if she'd ever taken any economics past high school.
But I'm reading Thomas Sowell, so that must count for something.
I scored the same as you, missing 19, 31, 55, and 60.
I misread 31, thinking the "decreases" in answer B was actually "increases". For 55, I was thinking "per capita", but the question said "households". I haven't read Plato's Republic, so I guessed on 19. And I picked "military" on 60.
For 57, I think you should assume everything else remains the same, in which case raising prices has only one certain effect - decreased demand.
For 53, the key word is "public", as in why it's a public good rather than a private good.
I think it's pretty cool that Washington & Lee beat out Yale in the college rankings.