Question 1

Why do many businesses prefer Congress to regulate the economy?

Accepted Answer

A)  Regulations are more cost-effective in the long run. 
B)  One national regulation is better than the inconsistencies and disparities of different state laws. 
C)  Businesses argue that regulations help to increase their market share. 
D)  Regulations lead to a fairer and more equitable marketplace. 
E)  Regulations help businesses net more profit. 
A)  Regulations are more cost-effective in the long run. 
B)  One national regulation is better than the inconsistencies and disparities of different state laws. 
C)  Businesses argue that regulations help to increase their market share. 
D)  Regulations lead to a fairer and more equitable marketplace. 
E)  Regulations help businesses net more profit.

Question 2

Inflation in the United States has maintained a steady rate of 11 percent for the past two decades.

Accepted Answer

A) True 
 B)False

Question 3

Historically,Americans have been more concerned with economic liberty than economic equality.

Accepted Answer

A) True 
 B)False

Question 4

In order to have reliable information about the costs and impact of economic policies,Congress created the ______.

Accepted Answer

A)  Federal Reserve Board 
B)  Office of Management and Budget 
C)  Congressional Budget Office 
D)  Congressional Oversight Commission 
E)  Congressional Research Service 
A)  Federal Reserve Board 
B)  Office of Management and Budget 
C)  Congressional Budget Office 
D)  Congressional Oversight Commission 
E)  Congressional Research Service

Question 5

Public policy can be embodied in all of the following forms except

Accepted Answer

A)  a law. 
B)  an administrative rule. 
C)  an order. 
D)  regulation. 
E)  a petition. 
A)  a law. 
B)  an administrative rule. 
C)  an order. 
D)  regulation. 
E)  a petition.

Question 6

The Kyoto Protocol was designed to

Accepted Answer

A)  set binding targets for greenhouse gas emissions to be met by each country. 
B)  restrict the proliferation of nuclear reactors used to generate both weapons and energy. 
C)  reduce the debt obligations for African nations by over 50 percent. 
D)  establish a global ban on whaling. 
E)  set limits on the amount individuals can drive vehicles per year. 
A)  set binding targets for greenhouse gas emissions to be met by each country. 
B)  restrict the proliferation of nuclear reactors used to generate both weapons and energy. 
C)  reduce the debt obligations for African nations by over 50 percent. 
D)  establish a global ban on whaling. 
E)  set limits on the amount individuals can drive vehicles per year.

Why do many businesses prefer Congress to regulate the economy?

Inflation in the United States has maintained a steady rate of 11 percent for the past two decades.

Historically,Americans have been more concerned with economic liberty than economic equality.

In order to have reliable information about the costs and impact of economic policies,Congress created the ______.

Public policy can be embodied in all of the following forms except

The Kyoto Protocol was designed to

American Political Culture

The Founding and the Constitution

Federalism

Civil Liberties

Civil Rights

Public Opinion

The Media

Political Participation and Voting

Political Parties

Campaigns and Elections

Groups and Interests

Congress

The Presidency

Bureaucracy in a Democracy

The Federal Courts

Social Policy

Foreign Policy and Democracy

Filters

Exam 16: Government and the Economy

Why do many businesses prefer Congress to regulate the economy?

Inflation in the United States has maintained a steady rate of 11 percent for the past two decades.

Historically,Americans have been more concerned with economic liberty than economic equality.

In order to have reliable information about the costs and impact of economic policies,Congress created the ______.

Public policy can be embodied in all of the following forms except

The Kyoto Protocol was designed to

American Political Culture

The Founding and the Constitution

Federalism

Civil Liberties

Civil Rights

Public Opinion

The Media

Political Participation and Voting

Political Parties

Campaigns and Elections

Groups and Interests

Congress

The Presidency

Bureaucracy in a Democracy

The Federal Courts

Social Policy

Foreign Policy and Democracy

Filters