Question 1

Americans complain about taxes

Accepted Answer

A)  though they pay less than citizens in nearly all other industrialized countries. 
B)  though they seem to believe the welfare system works well. 
C)  and they always seem to complain about Social Security. 
D)  justifiably, because they pay a higher proportion than anyone else in the world. 
E)  but also support substantial spending cuts. 
A)  though they pay less than citizens in nearly all other industrialized countries. 
B)  though they seem to believe the welfare system works well. 
C)  and they always seem to complain about Social Security. 
D)  justifiably, because they pay a higher proportion than anyone else in the world. 
E)  but also support substantial spending cuts.

Question 2

Capture is associated mostly with redistributive policies.

Accepted Answer

A) True 
 B)False

Question 3

The U.S. is unique in that the government has consistently refused to provide direct subsidies or tax incentives for private activities.

Accepted Answer

A) True 
 B)False

Question 4

The progressive era regulatory efforts were aimed at freeing the economy from high taxes and unnecessary government regulation.

Accepted Answer

A) True 
 B)False

Question 5

Decisions about the budgets for federal departments are handled in Congress by the __________ committees.

Accepted Answer

A)  standing 
B)  select 
C)  conference 
D)  appropriations 
E)  rules 
A)  standing 
B)  select 
C)  conference 
D)  appropriations 
E)  rules

Question 6

Which field of scholarship is devoted to studying the implementation of policy??

Accepted Answer

A)  Sociology 
B)  Philosophy 
C)  Economics 
D)  Public Administration 
E)  Implementation Science 
A)  Sociology 
B)  Philosophy 
C)  Economics 
D)  Public Administration 
E)  Implementation Science

Question 7

With the power to tax and spend, ________ has a massive influence on the economy.

Accepted Answer

A)  the Federal Reserve Board 
B)  Congress 
C)  the Office of Management and Budget 
D)  the president 
E)  the bureaucracy 
A)  the Federal Reserve Board 
B)  Congress 
C)  the Office of Management and Budget 
D)  the president 
E)  the bureaucracy

Question 8

The annual shortfall between what the government spends and what it takes in is known as

Accepted Answer

A)  the national debt. 
B)  the federal budget deficit. 
C)  the expenditure differential. 
D)  the revenue differential. 
E)  None of the above 
A)  the national debt. 
B)  the federal budget deficit. 
C)  the expenditure differential. 
D)  the revenue differential. 
E)  None of the above

Question 9

The Fed can increase the ____________ to decrease the money supply.

Accepted Answer

A)  inflation rate 
B)  discount rate 
C)  unemployment rate 
D)  tax rate 
E)  None of the above 
A)  inflation rate 
B)  discount rate 
C)  unemployment rate 
D)  tax rate 
E)  None of the above

Question 10

____________ is two quarters of economic contraction.

Accepted Answer

A)  A depression 
B)  Inflation 
C)  A recession 
D)  Economic growth 
E)  Monetary policy 
A)  A depression 
B)  Inflation 
C)  A recession 
D)  Economic growth 
E)  Monetary policy

Question 11

Public policies are decisions by government that create laws, programs, and regulations.

Accepted Answer

A) True 
 B)False

Question 12

The Great Depression took place during the

Accepted Answer

A) 1870s. 
B)  1910s. 
C)  1930s. 
D)  1940s. 
E)  1970s. 
A) 1870s. 
B)  1910s. 
C)  1930s. 
D)  1940s. 
E)  1970s.

Question 13

Most Americans expect the president to act when the economy goes wrong.

Accepted Answer

A) True 
 B)False

Question 14

Why is the regulatory state likely to expand in the future?

Accepted Answer

A)  The Democrats control the United States Congress. 
B)  Little permanent deregulation was achieved during the 1980s, an era dominated by conservative ideas, business values, and an extremely popular president committed to deregulation. 
C)  Few regulatory policies are supported by the public. 
D)  Regulation makes American businesses more efficient and competitive in the world market. 
E)  All of the above 
A)  The Democrats control the United States Congress. 
B)  Little permanent deregulation was achieved during the 1980s, an era dominated by conservative ideas, business values, and an extremely popular president committed to deregulation. 
C)  Few regulatory policies are supported by the public. 
D)  Regulation makes American businesses more efficient and competitive in the world market. 
E)  All of the above

Question 15

The change from the 1990s to 2002 from an estimated surplus of $5.6 trillion to a deficit of $1.6 trillion represented the most dramatic reversal of the fiscal health of the nation in more than 50 years.

Accepted Answer

A) True 
 B)False

Question 16

____________ is an assessment of how well resources are used to meet program objectives.

Accepted Answer

A)  Effectiveness 
B)  Implementation 
C)  Evaluation 
D)  Efficiency 
E)  Decision making 
A)  Effectiveness 
B)  Implementation 
C)  Evaluation 
D)  Efficiency 
E)  Decision making

Question 17

Inflation is

Accepted Answer

A)  a severe drop in economic activity. 
B)  a condition of lowering prices. 
C)  a condition of rising prices. 
D)  gaining control of the business cycle. 
E)  an increase in interest rates. 
A)  a severe drop in economic activity. 
B)  a condition of lowering prices. 
C)  a condition of rising prices. 
D)  gaining control of the business cycle. 
E)  an increase in interest rates.

Question 18

Who tends to endorse new growth theory

Accepted Answer

A)  Labor unions 
B)  The unemployed 
C)  Leaders of high technology industries 
D)  Developing countries 
E)  The national government 
A)  Labor unions 
B)  The unemployed 
C)  Leaders of high technology industries 
D)  Developing countries 
E)  The national government

Question 19

Keynesian economists prioritize monetary policy.

Accepted Answer

A) True 
 B)False

Question 20

The annual shortfall between what the government spends and what it takes in is called the

Accepted Answer

A)  national debt. 
B)  federal budget deficit. 
C)  revenue stream. 
D)  debit. 
E)  national tax rate. 
A)  national debt. 
B)  federal budget deficit. 
C)  revenue stream. 
D)  debit. 
E)  national tax rate.

Americans complain about taxes

Capture is associated mostly with redistributive policies.

The U.S. is unique in that the government has consistently refused to provide direct subsidies or tax incentives for private activities.

The progressive era regulatory efforts were aimed at freeing the economy from high taxes and unnecessary government regulation.

Decisions about the budgets for federal departments are handled in Congress by the __________ committees.

Which field of scholarship is devoted to studying the implementation of policy??

With the power to tax and spend, ________ has a massive influence on the economy.

The annual shortfall between what the government spends and what it takes in is known as

The Fed can increase the ____________ to decrease the money supply.

____________ is two quarters of economic contraction.

Public policies are decisions by government that create laws, programs, and regulations.

The Great Depression took place during the

Most Americans expect the president to act when the economy goes wrong.

Why is the regulatory state likely to expand in the future?

The change from the 1990s to 2002 from an estimated surplus of $5.6 trillion to a deficit of $1.6 trillion represented the most dramatic reversal of the fiscal health of the nation in more than 50 years.

____________ is an assessment of how well resources are used to meet program objectives.

Inflation is

Who tends to endorse new growth theory

Keynesian economists prioritize monetary policy.

The annual shortfall between what the government spends and what it takes in is called the

Democracy and American Politics

The Constitution

Federalism States and Nations

Structural Foundations of the American Government

Public Opinion

News Media

Interest Groups and Business Corporations

Social Movements

Political Parties

Participation Voting, and Elections

Congress

The President

The Executive Branch

The Courts

Freedom: the Struggle for Civil Liberties

Civil Rights: the Struggle for Political Equality

Social Safety Nets

Foreign Policy and National Defense

Filters

Exam 17: The Budget and Economic Policies

Americans complain about taxes

Capture is associated mostly with redistributive policies.

The U.S. is unique in that the government has consistently refused to provide direct subsidies or tax incentives for private activities.

The progressive era regulatory efforts were aimed at freeing the economy from high taxes and unnecessary government regulation.

Decisions about the budgets for federal departments are handled in Congress by the __________ committees.

Which field of scholarship is devoted to studying the implementation of policy??

With the power to tax and spend, ________ has a massive influence on the economy.

The annual shortfall between what the government spends and what it takes in is known as

The Fed can increase the ____________ to decrease the money supply.

____________ is two quarters of economic contraction.

Public policies are decisions by government that create laws, programs, and regulations.

The Great Depression took place during the

Most Americans expect the president to act when the economy goes wrong.

Why is the regulatory state likely to expand in the future?

The change from the 1990s to 2002 from an estimated surplus of $5.6 trillion to a deficit of $1.6 trillion represented the most dramatic reversal of the fiscal health of the nation in more than 50 years.

____________ is an assessment of how well resources are used to meet program objectives.

Inflation is

Who tends to endorse new growth theory

Keynesian economists prioritize monetary policy.

The annual shortfall between what the government spends and what it takes in is called the

Democracy and American Politics

The Constitution

Federalism States and Nations

Structural Foundations of the American Government

Public Opinion

News Media

Interest Groups and Business Corporations

Social Movements

Political Parties

Participation Voting, and Elections

Congress

The President

The Executive Branch

The Courts

Freedom: the Struggle for Civil Liberties

Civil Rights: the Struggle for Political Equality

Social Safety Nets

Foreign Policy and National Defense

Filters