Question 1

Which of the following would involve using fiscal policy to affect changes in economic activity?

Accepted Answer

A)  Altering the amount of money in circulation 
B)  Taxing and government spending 
C)  Altering interest rates 
D)  Court-mandated wage and price controls 
E)  All of these are correct. 
A)  Altering the amount of money in circulation 
B)  Taxing and government spending 
C)  Altering interest rates 
D)  Court-mandated wage and price controls 
E)  All of these are correct.

Question 2

In the final step of the policymaking process, the policy is reviewed for its effectiveness and efficiency; if changes are needed, the issue is placed back on the policy agenda, and the cycle starts again. What is this step called?

Accepted Answer

A)  Policy enactment 
B)  Policy formulation 
C)  Policy evaluation 
D)  Problem identification 
E)  Policy implementation 
A)  Policy enactment 
B)  Policy formulation 
C)  Policy evaluation 
D)  Problem identification 
E)  Policy implementation

Question 3

Which of the following accurately describes Medicaid?

Accepted Answer

A)  Joint state-federal program that provides medical care to the poor 
B)  Federal health insurance program that covers U.S. residents over the age of 65 
C)  Government program that takes over the economic function of providing basic health-care coverage to all citizens 
D)  In-kind subsidy for health care 
E)  Federal program established to provide assistance to elderly persons and persons with disabilities 
A)  Joint state-federal program that provides medical care to the poor 
B)  Federal health insurance program that covers U.S. residents over the age of 65 
C)  Government program that takes over the economic function of providing basic health-care coverage to all citizens 
D)  In-kind subsidy for health care 
E)  Federal program established to provide assistance to elderly persons and persons with disabilities

Question 4

Describe the purpose and function of the United Nations.

Accepted Answer

The United Nations (UN) was established

Question 5

Which of the following would be an example of an entitlement program?

Accepted Answer

A)  Federal income tax 
B)  Federal student loans 
C)  Medicare 
D)  Medicaid 
E)  An IRA 
A)  Federal income tax 
B)  Federal student loans 
C)  Medicare 
D)  Medicaid 
E)  An IRA

Question 6

The Cold War was an ideological, political, and economic confrontation between which of the following two powers?

Accepted Answer

A)  France and Germany 
B)  Britain and France 
C)  United States and Japan 
D)  United States and China 
E)  United States and the Soviet Union 
A)  France and Germany 
B)  Britain and France 
C)  United States and Japan 
D)  United States and China 
E)  United States and the Soviet Union

Question 7

Describe some of the ways that the Federal Reserve Board arguably affects the nation's economy more than the president can.

Accepted Answer

The Federal Reserve Board arguably affec

Question 8

Benefits to which every eligible person has a legal right and the government cannot deny are provided by which of the following programs?

Accepted Answer

A)  Retroactive policies 
B)  Discretionary spending 
C)  Controllable spending 
D)  Entitlements 
E)  Earmarks 
A)  Retroactive policies 
B)  Discretionary spending 
C)  Controllable spending 
D)  Entitlements 
E)  Earmarks

Question 9

Explain what the "rally around the flag" effect is. Give an example of when it manifested itself in American politics.

Accepted Answer

The "rally around the flag" effect refer

Question 10

Which federal health insurance program covers U.S. residents age 65 and older and is paid for by a tax on wages and salaries?

Accepted Answer

A)  TANF 
B)  Medicare 
C)  Medicaid 
D)  Social Security 
E)  Affordable Care Act 
A)  TANF 
B)  Medicare 
C)  Medicaid 
D)  Social Security 
E)  Affordable Care Act

Question 11

Explain the role of the Federal Reserve System in the United States.

Accepted Answer

The Federal Reserve System, often referr

Question 12

Explain the concept of containment, and discuss how it relates to the Truman Doctrine.

Accepted Answer

The answer of Explain the concept of containment, and discuss...

Question 13

If government cuts taxes to encourage people to spend more money in order to stimulate economic growth, what policy is it engaging in?

Accepted Answer

A)  Fiscal policy 
B)  Business cycling 
C)  Monetary policy 
D)  Keynesian policy 
E)  Subsidies 
A)  Fiscal policy 
B)  Business cycling 
C)  Monetary policy 
D)  Keynesian policy 
E)  Subsidies

Question 14

Define fiscal policy and monetary policy. Explain the tools used by the institutions of the national government to shape economic policy.

Accepted Answer

Fiscal policy refers to the use of gover

Question 15

Explain the taxation systems used in the United States.

Accepted Answer

The United States uses a combination of

Question 16

When the U.S. government adjusts the amount of money in circulation in order to alter credit markets and employment, which of the following is the government relying on to influence the economy?

Accepted Answer

A)  Domestic policy 
B)  Fiscal policy 
C)  Monetary policy 
D)  Regressive tax policy 
E)  Progressive tax policy 
A)  Domestic policy 
B)  Fiscal policy 
C)  Monetary policy 
D)  Regressive tax policy 
E)  Progressive tax policy

Question 17

Describe the chief components of the Affordable Care Act and some of the controversies surrounding it.

Accepted Answer

The Affordable Care Act (ACA), also know

Question 18

Explain the principles underlying the American health-care system and the issues facing the system.

Accepted Answer

The American health-care system is based

Question 19

Explain how the war on terror has influenced relations between the United States and other countries.

Accepted Answer

The war on terror has significantly infl

Question 20

The doctrine of containment set forth by George F. Kennan called for which of the following?

Accepted Answer

A)  The United States seeking to "roll back" communism in Eastern Europe 
B)  The United States building a metaphoric wall of policies to isolate communist countries from the rest of world, including keep them out of the UN 
C)  The United States initiating arms reduction talks 
D)  The United States blocking the spread of communism to additional countries 
E)  No trade between capitalist countries like the United States and communist countries like the Soviet Union 
A)  The United States seeking to "roll back" communism in Eastern Europe 
B)  The United States building a metaphoric wall of policies to isolate communist countries from the rest of world, including keep them out of the UN 
C)  The United States initiating arms reduction talks 
D)  The United States blocking the spread of communism to additional countries 
E)  No trade between capitalist countries like the United States and communist countries like the Soviet Union

Which of the following would involve using fiscal policy to affect changes in economic activity?

In the final step of the policymaking process, the policy is reviewed for its effectiveness and efficiency; if changes are needed, the issue is placed back on the policy agenda, and the cycle starts again. What is this step called?

Which of the following accurately describes Medicaid?

Describe the purpose and function of the United Nations.

Which of the following would be an example of an entitlement program?

The Cold War was an ideological, political, and economic confrontation between which of the following two powers?

Describe some of the ways that the Federal Reserve Board arguably affects the nation's economy more than the president can.

Benefits to which every eligible person has a legal right and the government cannot deny are provided by which of the following programs?

Explain what the "rally around the flag" effect is. Give an example of when it manifested itself in American politics.

Which federal health insurance program covers U.S. residents age 65 and older and is paid for by a tax on wages and salaries?

Explain the role of the Federal Reserve System in the United States.

Explain the concept of containment, and discuss how it relates to the Truman Doctrine.

If government cuts taxes to encourage people to spend more money in order to stimulate economic growth, what policy is it engaging in?

Define fiscal policy and monetary policy. Explain the tools used by the institutions of the national government to shape economic policy.

Explain the taxation systems used in the United States.

When the U.S. government adjusts the amount of money in circulation in order to alter credit markets and employment, which of the following is the government relying on to influence the economy?

Describe the chief components of the Affordable Care Act and some of the controversies surrounding it.

Explain the principles underlying the American health-care system and the issues facing the system.

Explain how the war on terror has influenced relations between the United States and other countries.

The doctrine of containment set forth by George F. Kennan called for which of the following?

Gateways to American Democracy

The Constitution

Federalism

Civil Liberties

Civil Rights

Public Opinion

The News and Social Media

Interest Groups

Political Parties

Elections and Campaigns

Voting and Participation

Congress

The Presidency

The Bureaucracy

The Judiciary

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Exam 16: Economic, Domestic, and Foreign Policy

Which of the following would involve using fiscal policy to affect changes in economic activity?

In the final step of the policymaking process, the policy is reviewed for its effectiveness and efficiency; if changes are needed, the issue is placed back on the policy agenda, and the cycle starts again. What is this step called?

Which of the following accurately describes Medicaid?

Describe the purpose and function of the United Nations.

Which of the following would be an example of an entitlement program?

The Cold War was an ideological, political, and economic confrontation between which of the following two powers?

Describe some of the ways that the Federal Reserve Board arguably affects the nation's economy more than the president can.

Benefits to which every eligible person has a legal right and the government cannot deny are provided by which of the following programs?

Explain what the "rally around the flag" effect is. Give an example of when it manifested itself in American politics.

Which federal health insurance program covers U.S. residents age 65 and older and is paid for by a tax on wages and salaries?

Explain the role of the Federal Reserve System in the United States.

Explain the concept of containment, and discuss how it relates to the Truman Doctrine.

If government cuts taxes to encourage people to spend more money in order to stimulate economic growth, what policy is it engaging in?

Define fiscal policy and monetary policy. Explain the tools used by the institutions of the national government to shape economic policy.

Explain the taxation systems used in the United States.

When the U.S. government adjusts the amount of money in circulation in order to alter credit markets and employment, which of the following is the government relying on to influence the economy?

Describe the chief components of the Affordable Care Act and some of the controversies surrounding it.

Explain the principles underlying the American health-care system and the issues facing the system.

Explain how the war on terror has influenced relations between the United States and other countries.

The doctrine of containment set forth by George F. Kennan called for which of the following?

Gateways to American Democracy

The Constitution

Federalism

Civil Liberties

Civil Rights

Public Opinion

The News and Social Media

Interest Groups

Political Parties

Elections and Campaigns

Voting and Participation

Congress

The Presidency

The Bureaucracy

The Judiciary

Filters