Self-Quiz Unit 8

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University of the People *

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1102-01

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Economics

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May 24, 2024

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Self-Quiz Unit 8 Question 1 Correct Mark 1.00 out of 1.00 Flag question Question text Which of the following is not true? Question 1 Select one: a. Shareholder primacy is the clear legal precedent in the United States. b. Maximizing shareholder profits is a legitimate goal of management. c.
Dividends are paid out of corporate profits. d. Companies that pursue CSR policies can also be profitable. Feedback The correct answer is: Shareholder primacy is the clear legal precedent in the United States. Question 2 Correct Mark 1.00 out of 1.00 Flag question Question text Air pollution is regulated by three levels of government: local, state, and federal. Question 2 Select one: a. True
b. False Feedback The correct answer is: True Question 3 Correct Mark 1.00 out of 1.00 Flag question Question text The Citizens United case ________. Question 3 Select one: a. upheld existing law limiting spending on behalf of political candidates b.
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overturned existing law c. sent the case back to the lower court to be re-tried d. created more restrictive limits on political spending Feedback The correct answer is: overturned existing law Question 4 Correct Mark 1.00 out of 1.00 Flag question Question text Which of the following best describes the tragedy of the commons? Question 4 Select one:
a. People are always willing to sacrifice for the good of society. b. People are likely to use all the natural resources they want without regard to others. c. The common good of the people is a popular corporate goal. d. Tragedies occur when there is too much government regulation. Feedback The correct answer is: People are likely to use all the natural resources they want without regard to others. Question 5 Correct Mark 1.00 out of 1.00
Flag question Question text If environmental harm is discovered, the business entity causing it is frequently held liable by both the government and the victims of the harm in separate proceedings. Question 5 Select one: a. True b. False Feedback The correct answer is: True Question 6 Correct Mark 1.00 out of 1.00 Flag question
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Question text Corporations that embrace CSR policies consistently produce a lower rate of return on investment for shareholders. Question 6 Select one: a. True b. False Feedback The correct answer is: False Question 7 Correct Mark 1.00 out of 1.00 Flag question Question text
Which of the following constitutional provisions gives regulatory power to the federal government? Question 7 Select one: a. First Amendment b. Tenth Amendment c. Commerce Clause d. Supremacy Clause Feedback The correct answer is: Commerce Clause Question 8 Correct
Mark 1.00 out of 1.00 Flag question Question text The law prohibits all executives from serving in senior government posts and then leaving to go back to work for the same company in the private sector. Question 8 Select one: a. True b. False Feedback The correct answer is: False Question 9 Correct Mark 1.00 out of 1.00
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Flag question Question text Which of the following is a potentially effective way to reduce global warming? Question 9 Select one: a. build more coal-burning power plants b. build more diesel-burning cars c. implement a carbon tax d. implement tax-free gasoline Feedback The correct answer is: implement a carbon tax
Question 10 Correct Mark 1.00 out of 1.00 Flag question Question text ISOs are sustainability standards for businesses ________. Question 10 Select one: a. promulgated by the state government b. promulgated by the federal government c. promulgated by the World Trade Organization
d. none of the above Feedback The correct answer is: none of the above
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