Which of the following statements is true concerning level of income and crime victimization rates?
a. A family with a household income of 75K or more is twice as likely to be a burglary victim as those with a household income of less than 7,500.
b. A family with a household income of 75K or more is 1.5 times more likely to have their car stolen than those with a household income of less than 7,500.
c. A family with a household income of 25,000-34,999 or more is less likely to burglary victim than those with a household income of between 15,000 and 24,999.
d. A family with a household income of 75K or more is less than half as likely to be a burglary victim as those with a household income of between 25,000 and 34,999.
e. Crime is almost equally spread out among the various income levels.
Question 2
Which of the following statements is true concerning level of education and participation in leisure activities?
a. The percentage of adults with less than a high school education purchase fishing supplies more frequently than those with any other education level.
b. No one with only a grade school education attends the opera.
c. Less than 1 of individuals with a grade school education attends the ballet.
d. The percentage of adults with a college degree who purchase golf supplies is almost twice that of those with a high school diploma.
e. The percentage of adults with a college degree who purchase exercise equipment is about the same as those with some college education.
Question 3
Which of the following statements is not true concerning education and volunteering?
a. College-educated adults volunteer more hours per week than those with less than a high school education.
b. The percentage of college-educated adults volunteer more than the percentage of adults with less than a high school education.
c. As education level increases, the number of hours volunteered per week decreases.
d. More than 10 of college-educated adults volunteered an average of 2 hours per week.
e. Almost 3 of adults with less than a high school education volunteered an average of 2.7 hours per week.
Question 4
Which of the following statements is not true?
a. Education acts as an economic stimulus.
b. Education increases earnings potential.
c. Education increases tax revenues.
d. Education increases voting rates.
e. Education increases social service safety net costs.
Question 5
On average, over a lifetime of earnings, how much more will a male college graduate make compared to a high school dropout?
a. About 1 million
b. Almost 1.8 million
c. Just over 2.25 million
d. Almost 2.5 million
e. More than 5 million
Question 6
A male with a Bachelors degree will earn on an annual basis approximately how much more than a high school dropout?
a. 2.0 times
b. 2.5 times
c. 2.75 times
d. 3.25 times
e. 3.5 times
Question 7
Which factor is not increased by public education?
a. Crime victimization
b. Poverty
c. Earnings potential
d. Employability
e. Charitable contributions
Question 8
Who won the Nobel Prize for Economics in 1979 linking education and economic development?
a. Robert Reich
b. Paul Krugman
c. Paul Samuelson
d. Adam Smith
e. Ted Schultz
Question 9
The Wealth of Nations was written in
a. 1776.
b. 1876.
c. 1929.
d. 1957.
e. 2008.
Question 10
Who brought the idea of human capital to modern economics?
a. Robert Reich
b. Paul Krugman
c. Paul Samuelson
d. Adam Smith
e. Charles Schultz
Question 11
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