Question 1

Discretionary spending includes spending on __________.

Accepted Answer

A) food stamps 
B) Medicaid 
C) Medicare 
D) national defense 
A) food stamps 
B) Medicaid 
C) Medicare 
D) national defense

Question 2

Which of the following is true regarding mandatory spending policies?

Accepted Answer

A) They are designed to increase the money supply to improve economic growth. 
B) They are designed to help states avoid having a budget surplus. 
C) They create a serious ongoing financial burden on the federal government. 
D) They reduce the overall cost of compliance for major industrial sectors. 
A) They are designed to increase the money supply to improve economic growth. 
B) They are designed to help states avoid having a budget surplus. 
C) They create a serious ongoing financial burden on the federal government. 
D) They reduce the overall cost of compliance for major industrial sectors.

Question 3

According to Figure 16.2 in your text,what is the relationship between unemployment and inflation?

Accepted Answer

A) The inflation rate is always higher than unemployment. 
B) The inflation rate always increases when unemployment increases. 
C) The inflation rate never declines,regardless of the unemployment rate. 
D) The unemployment rate is generally higher than the inflation rate. 
A) The inflation rate is always higher than unemployment. 
B) The inflation rate always increases when unemployment increases. 
C) The inflation rate never declines,regardless of the unemployment rate. 
D) The unemployment rate is generally higher than the inflation rate.

Question 4

Decisions regarding the supply of money in the economy,including private borrowing,interest rates,and banking activity,are part of a nation's __________.

Accepted Answer

The answer of Decisions regarding the supply of money in...

Question 5

Lowering the __________ reduces the cost of money,which makes borrowing easier,which increases spending,and thereby affects economic growth.

Accepted Answer

A) deficit 
B) interest rate 
C) national debt 
D) personal income tax rate 
A) deficit 
B) interest rate 
C) national debt 
D) personal income tax rate

Discretionary spending includes spending on __________.

Which of the following is true regarding mandatory spending policies?

According to Figure 16.2 in your text,what is the relationship between unemployment and inflation?

Decisions regarding the supply of money in the economy,including private borrowing,interest rates,and banking activity,are part of a nation's __________.

Lowering the __________ reduces the cost of money,which makes borrowing easier,which increases spending,and thereby affects economic growth.

Politics: Who Gets What,When and How 1

Political Culture: Ideas in Conflict

The Constitution: Limiting Governmental Power

Federalism: Dividing Governmental Power

Opinion and Participation: Thinking and Acting in Politics

Mass Media: Setting the Political Agenda

Political Parties: Organizing Politics

Campaigns and Elections: Deciding Who Governs

Interest Groups: Getting Their Share and More

Congress: Politics on Capitol Hill

The President: White House Politics

The Bureaucracy: Bureaucratic Politics

Courts Judicial Politics

Politics and Personal Liberty

Politics and Civil Rights

Politics and Social Welfare

Politics and National Security

Filters

Exam 16: Politics and the Economy

Discretionary spending includes spending on __________.

Which of the following is true regarding mandatory spending policies?

According to Figure 16.2 in your text,what is the relationship between unemployment and inflation?

Decisions regarding the supply of money in the economy,including private borrowing,interest rates,and banking activity,are part of a nation's __________.

Lowering the __________ reduces the cost of money,which makes borrowing easier,which increases spending,and thereby affects economic growth.

Politics: Who Gets What,When and How 1

Political Culture: Ideas in Conflict

The Constitution: Limiting Governmental Power

Federalism: Dividing Governmental Power

Opinion and Participation: Thinking and Acting in Politics

Mass Media: Setting the Political Agenda

Political Parties: Organizing Politics

Campaigns and Elections: Deciding Who Governs

Interest Groups: Getting Their Share and More

Congress: Politics on Capitol Hill

The President: White House Politics

The Bureaucracy: Bureaucratic Politics

Courts Judicial Politics

Politics and Personal Liberty

Politics and Civil Rights

Politics and Social Welfare

Politics and National Security

Filters