Sample Questions: Grade 12
Sample Questions: Grade 12
Sample Questions: Grade 12
ECO N O M I C S
Sample Questions
General Information About The Nations Report Card
economicsgrade 12
Grade 12 The Market Economy The National Economy The International Economy 45% 40% 15%
The three cognitive categories describe the primary cognitive demands assessment items may make on students participating in the NAEP assessment. The NAEP framework calls for students to spend approximately 33 percent of their assessment time on items from each category. The three cognitive categories for economics items are the following: Knowing Applying Reasoning The NAEP economics framework calls for economics items to be written in a variety of contextual settings appropriate to real-world situations and to the variety of ways in which students learn economic concepts. The following ranges of assessment time are specified by the framework for each of the contexts: Individual and Household (20 to 30%) Business (20 to 30%) Public (20 to 30%) Other Contexts (0 to 10%) Context-Free (0 to 10%) Multiple Contexts (0 to 10%) The assessment consists of multiple-choice, short constructed-response, and extended constructed-response questions. The constructed-response questions make up approximately 40 percent of the assessment time. For more information regarding the economics assessment framework please visit http://www.nagb.org/publications/frameworks.htm.
economicsgrade 12
economicsgrade 12
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economicsgrade 12
1. James borrows $10,000 from the bank. By the time the loan is repaid, James has paid the bank $10,400. What does the additional $400 represent? A Inflation rate
B Purchasing power of money
Interest
D Investment
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2. Luisa has decided to give up her full-time job to go back to school. Identify one potential economic risk and one potential economic benefit that Luisa might have considered in making her decision.
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economicsgrade 12
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NationalUnemploymentRateRising RateofInflationFalling
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3. Given the conditions presented in the headline above, what is likely to happen to spending in the economy? Explain your answer.
What is likely to happen to real gross domestic product as a result of the relationship between spending and output?
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economicsgrade 12
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5. Because Country A has no domestic sources of wood, it imports all its wood from
wood-producing countries. If the price of wood in wood-producing countries rises
substantially, which of the following is most likely to occur?
A Country A will import more wood to meet rising demand. B Country A will impose a tariff on wood imports. Housing prices in Country A will increase as wood imports become more expensive. D Profits in other wood-producing countries will increase because of increased exports to Country A.
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economicsgrade 12
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Price
$5
$4
20
40
60
80
100
QuantityofChocolate(inpounds)
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6. Suppose that the government set the price of chocolate at $6 per pound. Which of the following statements best describes an effect of this price control? There would be a surplus of 40 pounds of chocolate.
B Less chocolate would be demanded at $4 than at $6.
C Producers of chocolate would want the price set at $4.
D There would be a shortage of 20 pounds of chocolate.
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7. If the government removes the price control of $6, what will be the price and quantity sold of chocolate? Price $6 $5 C D $5 $4 Quantity Sold (in pounds) 40 60 100
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grade 12
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1.AreyouHispanicorLatino?Fillinone ormoreovals.
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2.Whichofthefollowingbestdescribes you?Fillinoneormoreovals.
A No,IamnotHispanicorLatino. B Yes,IamMexican,Mexican
American,orChicano.
RicanAmerican. American.
C Yes,IamPuertoRicanorPuerto D Yes,IamCubanorCuban
E Yes,Iamfromsomeother
HispanicorLatinobackground.
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Fortherestofthequestionsinthissection,fillinonlyoneovalforeachquestion.
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3.Doesyourfamilygetanymagazines regularly?
A Yes B No
C Idontknow.
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A 5orfewer
B 610
C 1115
D 1620
E Morethan20
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4.Abouthowmanybooksaretherein yourhome?
A Few(010)
B Enoughtofilloneshelf(1125)
C Enoughtofillonebookcase(26100) D Enoughtofillseveralbookcases
(morethan100) 8.Howoftendoyoutalkaboutthingsyou havestudiedinschoolwithsomeonein yourfamily?
A Neverorhardlyever
B Onceeveryfewweeks
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5.Isthereacomputerathomethat youuse?
C Aboutonceaweek
D Twoorthreetimesaweek
E Everyday
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A Yes
B No
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9.Howmanydayswereyouabsentfrom schoolinthelastmonth?
A Yes
B No
C Idontknow.
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10.Howfarinschooldidyourmothergo?
D Shegraduatedfromcollege.
E Idontknow.
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11.Howfarinschooldidyourfathergo?
D Hegraduatedfromcollege.
E Idontknow.
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economics Questionnairegrade 12
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a.Economicscourse(general courseotherthanAdvanced Placement,International Baccalaureate,orhonors economics) b.Governmentandeconomics course(combinedcourse) c.Consumereconomicsor personalnancecourse d.AdvancedPlacement Economicscourse e.InternationalBaccalaureate Economicscourse f. Honorseconomicscourse (otherthanAdvanced PlacementorInternational BaccalaureateEconomics) g.Businesscoursesuchas entrepreneurshipor businessprinciples h.Anyothereconomicscourse (specify) i. Anyothercoursethatincludes anextended(atleast8week long)unitoneconomics (specify)
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A A A A A
B B B B B
C C C C C
D D D D D
E E E E E
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A A
B B
C C
D D
E E
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economics Questionnairegrade 12
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2.Whichofthefollowingstatementsbestdescribesyouroverallcoursetakingineconomics?
3.Forthecourse(s)youmarkedTaken/takinginGrade12inQuestion1,whichofthe followingistrueforyou?Fillinallovalsthatapply.
4.ThinkaboutthecoursesinQuestion1.Howmuchdoyouagreeordisagreewiththe followingstatementsaboutthosecoursesthatyoutook?Fillinoneovaloneachline.
Strongly Somewhat Somewhat Strongly disagree disagree agree agree
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a.Takingthecourse(s)helpedme understandtheU.S.economy. b.Takingthecourse(s)helpedme understandtheinternationaleconomy. c.Takingthecourse(s)helpedme understandwhatIhearonthenews aboutcurrenteventsandpublicpolicy. d.Takingthecourse(s)helpedme understandhowtomanagemy personalnances ,nowandinthe future. e.Takingthecourse(s)helpedmemake choicesaboutmyfutureeducation andcareer.
A A A
B B B
C C C
D D D
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economics Questionnairegrade 12
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VE464378
A Never
B Onceortwiceayear
C Onceortwiceamonth
D Atleastonceaweek
A Neverorhardlyever
B Onceeveryfewweeks
C Aboutonceaweek
D Twoorthreetimesaweek
E Everyday
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economics Questionnairegrade 12
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7.Notincludingthingsyoudoforschool,howoftendoyouwatch,readabout,orlistento informationonthefollowingtopics?Fillinoneovaloneachline.
Neveror hardly ever Afew timesa year Onceor twicea month Atleast oncea week
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a.Thelocaleconomy(unemploymentin yourarea,jobopportunities,pricesof goodsandservices,taxes,public budgets,etc.) b.TheU.S.economy(unemployment, ination ,economicgrowth,national economicpolicy,interestrates,the stockmarket,etc.) c.Theinternationaleconomy(thestate ofeconomiesinothercountries,trade agreementsandrestrictions, globalization,etc.) d.Personal nance(saving,investment, taxes,creditcards,etc.)
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8.Towhatextentdoyouusethefollowingsourcestolearnabouteconomicissues?Fillinone ovaloneachline.
Notatall Small extent Moderate extent Large extent
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A A A A A
B B B B B
C C C C C
D D D D D
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economics Questionnairegrade 12
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9.Sincethebeginningofninthgrade,haveyoueverparticipatedinanyofthefollowing economicsrelatedactivities?Fillinoneormoreovalsoneachline.
Yes,did thisfora class Yes,did this,but notfora No,never class didthis
a.FutureBusinessLeadersofAmerica(FBLA) b.DECA(anassociationofmarketingstudents) c.JuniorAchievement d.Club(includessuchthingsasaneconomics, entrepreneurship,orinvestmentclub) e.Academiccompetition(includessuchthingsas FedChallenge,EconomicsChallenge,or AcademicDecathlon) f. Stockmarketgame/simulation g.Studentmanagedschoolstore h.Studentmanagedcreditunionorbank i. Other(specify)
A A A A A
B B B B B
C C C C C
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A A A A
B B B B
C C C C
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economics Questionnairegrade 12
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VB607183
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A Didnotworkatall B Workedonceinawhileorlessthan
5hoursaweek week week
A Donotworkatall B Workonceinawhileorlessthan
5hoursaweek week week
14.Howimportantwasittoyoutodo wellonthistest?
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Information related to the selected question is available by clicking the tabs at the top of the question field. A description of these tabs follows. Question: When the screen first appears, the question will be displayed, and the Question tab will be highlighted. When you are viewing related information other than the question itself, click on this tab to re-display the question. Links within the question: The question and related graphics or text passages may not fit on the screen area without scrolling. Some questions have associated content such as reading passages or maps. To see these materials, click on the link labeled Show reading passage or additional materials. This text varies depending on the subject. Click on hide to close the passage or associated material.
(ss02) Key/Scoring Guide: Shows information about how the question was scored.
For Multiple-Choice Questions: Shows the key or correct answer for the question.
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(ss03) For Constructed-Response Questions: Shows the scoring guide used to determine the score for the students answer.
(ss04) Note that the scoring criteria will vary depending on the subject and type of question.
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Sample Responses: Shows sample student responses to the question for each score level. Use the scroll bar to move between the sections of the screen. Note that student responses are available only for constructed-response questions.
(ss05) In some subjects, you will find Scorer Comments after the student responses. The scorer comments give the user additional information on why the response received the score that it did and often refers back to the scoring guide. Note that the questions have been formatted to display on the screen and may not be presented in the same way as they were to the student.
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National Data: Shows information about how students scored on the question. For Multiple-Choice Questions: Shows the percentage of students who answered the question incorrectly or correctly, or who omitted the item. (ss06)
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For Constructed-Response Questions: Shows the percent correct by score level. (ss07)
Information about the performance of the following student groups is displayed after clicking on the more data button on the bottom of the screen. All students Gender Race/Ethnicity National School Lunch Program Type of Location The Jurisdiction Data tab is displayed for the subjects in which state data have been collected by state.
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Where can I find more information about the subjects NaeP assesses?
The NAEP website contains a wealth of information about the subjects NAEP assesses. Just click on one of the subject area links to find out more. The URL for the site is http://nces.ed.gov/nationsreportcard/.