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PRAXIS Business-Education-Content-Knowledge-5101 Exam Syllabus Topics:

PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions:

1. Under ordinary circumstances, the average amount of unemployment in an economy is called the

A) natural rate of unemployment
B) frictional rate of unemployment
C) typical rate of unemployment
D) cyclical rate of unemployment

2. A valuable student benefit of school-based enterprises (SBEs) is that SBEs provide students an opportunity to

A) earn extra money during the school day
B) develop a skill in lieu of attending college
C) learn and connect with real-world skills
D) work during study hall and lunch periods

3. There arerunny factors of production thatcontribute to the output of a final product. Place thedescriptions below into the appropriate categories.

4. A company's financial statements show the following for the fiscal year: total assets of $1,200,000, total liabilities of $750,000, net income of $150,000, and dividends paid of $50,000. The company has no preferred stock, and the beginning retained earnings were $200,000. What is the company's ending retained earnings?

A) $250,000
B) $350,000
C) $400,000
D) $300,000

5. The Robinson-Patman Act was initially enacted for which of the following purposes?

A) To eliminate price discrimination in interstate commerce
B) To protect employees from job discrimination
C) To eliminate price discrimination in intrastate commerce
D) To provide employees with a safe work environment

Solutions: