Test Prep FSOT Exam (page: 13)
Test Prep Foreign Service Officer Test
Updated on: 09-Feb-2026

Viewing Page 13 of 65

Details: FSOT Economics Practice Questions

Which best defines laissez-faire capitalism?

  1. Business activity and natural resource usage and distribution are not regulated by the government
  2. Government controlled distribution of natural resources with little involvement in other sectors of the economy
  3. Ownership of the means of productions is split between public and private entities
  4. Existence of extensive legislation governing internal trade

Answer(s): A




Details: FSOT Economics Practice Questions

A statement from Exxon-Mobile that their third quarter profits were down 15% from last year is an example of:

  1. Normative economics
  2. Positive economics
  3. Macroeconomics
  4. Differentiated economics

Answer(s): B




Details: FSOT Economics Practice Questions

Which of the following defines the opportunity cost of production?

  1. Using a resource in one capacity in production eliminates the ability to use it in another
  2. Loss of potential profit in order to capture a larger market share
  3. Streamlining production costs to maximize profit
  4. Increasing overhead costs in order to expand production

Answer(s): A




Details: FSOT Economics Practice Questions

Which best describes the economy of the United Kingdom of Great Britain?

  1. Traditional economy
  2. Command economy
  3. Market economy
  4. Mixed economy

Answer(s): D




Details: FSOT Economics Practice Questions

Economist and philosopher Adam Smith's expression, "the invisible hand" refers to a theory or belief that:

  1. the greed of capitalists seeking wealth actually helps the poor in society
  2. the world economy is governed by a series of natural laws
  3. outside forces beyond human control influence the economy
  4. governments should not impose economic regulation

Answer(s): A



Viewing Page 13 of 65



Share your comments for Test Prep FSOT exam with other users:

Anuj 1/14/2024 4:07:00 PM

very good question
Anonymous


Saravana Kumar TS 12/8/2023 9:49:00 AM

question: 93 which statement is true regarding the result? sales contain 6 columns and values contain 7 columns so c is not right answer.
INDIA


Lue 3/30/2023 11:43:00 PM

highly recommend just passed my exam.
CANADA


DC 1/7/2024 10:17:00 AM

great practice! thanks
UNITED STATES


Anonymus 11/9/2023 5:41:00 AM

anyone who wrote this exam recently?
SOUTH AFRICA


Khalid Javid 11/17/2023 3:46:00 PM

kindly share the dump
Anonymous


Na 8/9/2023 8:39:00 AM

could you please upload cfe fraud prevention and deterrence questions? it will be very much helpful.
Anonymous


shime 10/23/2023 10:03:00 AM

this is really very very helpful for mcd level 1
ETHIOPIA


Vnu 6/3/2023 2:39:00 AM

very helpful!
Anonymous


Steve 8/17/2023 2:19:00 PM

question #18s answer should be a, not d. this should be corrected. it should be minvalidityperiod
CANADA


RITEISH 12/24/2023 4:33:00 AM

thanks for the exact solution
Anonymous


SB 10/15/2023 7:58:00 AM

need to refer the questions and have to give the exam
INDIA


Mike Derfalem 7/16/2023 7:59:00 PM

i need it right now if it was possible please
Anonymous


Isak 7/6/2023 3:21:00 AM

i need it very much please share it in the fastest time.
Anonymous


Maria 6/23/2023 11:40:00 AM

correct answer is d for student.java program
IRELAND


Nagendra Pedipina 7/12/2023 9:10:00 AM

q:37 c is correct
INDIA


John 9/16/2023 9:37:00 PM

q6 exam topic: terramearth, c: correct answer: copy 1petabyte to encrypted usb device ???
GERMANY


SAM 12/4/2023 12:56:00 AM

explained answers
INDIA


Andy 12/26/2023 9:35:00 PM

plan to take theaws certified developer - associate dva-c02 in the next few weeks
SINGAPORE


siva 5/17/2023 12:32:00 AM

very helpfull
Anonymous


mouna 9/27/2023 8:53:00 AM

good questions
Anonymous


Bhavya 9/12/2023 7:18:00 AM

help to practice csa exam
Anonymous


Malik 9/28/2023 1:09:00 PM

nice tip and well documented
Anonymous


rodrigo 6/22/2023 7:55:00 AM

i need the exam
Anonymous


Dan 6/29/2023 1:53:00 PM

please upload
Anonymous


Ale M 11/22/2023 6:38:00 PM

prepping for fsc exam
AUSTRALIA


ahmad hassan 9/6/2023 3:26:00 AM

pd1 with great experience
Anonymous


Žarko 9/5/2023 3:35:00 AM

@t it seems like azure service bus message quesues could be the best solution
UNITED KINGDOM


Shiji 10/15/2023 1:08:00 PM

helpful to check your understanding.
INDIA


Da Costa 8/27/2023 11:43:00 AM

question 128 the answer should be static not auto
Anonymous


bot 7/26/2023 6:45:00 PM

more comments here
UNITED STATES


Kaleemullah 12/31/2023 1:35:00 AM

great support to appear for exams
Anonymous


Bsmaind 8/20/2023 9:26:00 AM

useful dumps
Anonymous


Blessious Phiri 8/13/2023 8:37:00 AM

making progress
Anonymous