Question 1

A Conservative argument against a public option in health care is:

Accepted Answer

A)  Government is not a fair competitor-a government plan will force private insurance companies out of business 
B)  A government plan will cost too much 
C)  A government plan will restrict the choice of consumers as to which doctor or hospital to use 
D)  All of the above 
A)  Government is not a fair competitor-a government plan will force private insurance companies out of business 
B)  A government plan will cost too much 
C)  A government plan will restrict the choice of consumers as to which doctor or hospital to use 
D)  All of the above D

Question 2

The United States education system consists of

Accepted Answer

A)  Only public institutions financed by taxes 
B)  Only private institutions financed by tuition and fees 
C)  Public institutions for Kindergarten through High School and private universities and colleges 
D)  Public and private schools at all levels. 
A)  Only public institutions financed by taxes 
B)  Only private institutions financed by tuition and fees 
C)  Public institutions for Kindergarten through High School and private universities and colleges 
D)  Public and private schools at all levels. D

Question 3

All of the following examples are infrastructure spending except for

Accepted Answer

A)  Building bridges 
B)  Building Airports 
C)  Building Roads 
D)  Building Office Towers 
A)  Building bridges 
B)  Building Airports 
C)  Building Roads 
D)  Building Office Towers D

Question 4

The book gives examples of useful government provided services. These examples include all but

Accepted Answer

A)  K-12 education 
B)  Public Higher education 
C)  The Los Angeles Department of Water and Power 
D)  The Federal Reserve System 
A)  K-12 education 
B)  Public Higher education 
C)  The Los Angeles Department of Water and Power 
D)  The Federal Reserve System

Question 5

During the Great Depression, what government business was created to deliver power to underserved communities.

Accepted Answer

A)  The Tennessee Valley Authority 
B)  The Missouri Valley Authority 
C)  The Mississippi Valley Autority 
D)  The Army Corps of Engineers 
A)  The Tennessee Valley Authority 
B)  The Missouri Valley Authority 
C)  The Mississippi Valley Autority 
D)  The Army Corps of Engineers

Question 6

The supporters of Medicare for all-a single payer system of health insurance where the government is the single-payer argue that

Accepted Answer

A)  A government program would always be more efficient than a private sector program 
B)  A single payer can bargain with suppliers for lower prices 
C)  Private insurance companies are all corrupt and government isn't 
D)  All of the above 
A)  A government program would always be more efficient than a private sector program 
B)  A single payer can bargain with suppliers for lower prices 
C)  Private insurance companies are all corrupt and government isn't 
D)  All of the above

Question 7

Conservatives argue that government provided services are (almost) always inferior to private-sector alternatives.

Accepted Answer

A) True 
 B)False

Question 8

A Conservative argument against a public option in health care is:

Accepted Answer

A)  Government is not a fair competitor-a government plan will force private insurance companies out of business 
B)  A government plan will be too generous to undeserving people 
C)  A government plan will give poor quality health care 
D)  All of the above 
A)  Government is not a fair competitor-a government plan will force private insurance companies out of business 
B)  A government plan will be too generous to undeserving people 
C)  A government plan will give poor quality health care 
D)  All of the above

Question 9

Why did states and cities reduce employment as a result of the recession of 2009.

Accepted Answer

A)  States and cities are inefficient in providing services and the public chose to purchase from the private sector. 
B)  Revenues of states and cities declined and they are not permitted to run deficits 
C)  People voluntarily left state and city employment because of the generosity of programs to aid the unemployed. 
D)  None of the above 
A)  States and cities are inefficient in providing services and the public chose to purchase from the private sector. 
B)  Revenues of states and cities declined and they are not permitted to run deficits 
C)  People voluntarily left state and city employment because of the generosity of programs to aid the unemployed. 
D)  None of the above

Question 10

Progressive critics of the Obama Administration's health care proposed an alternative that would

Accepted Answer

A)  Rely on giving consumers medical savings accounts with which to buy insurance 
B)  Have a single government payer for all health care costs financed by taxes 
C)  Expand access to private insurance with government subsidies 
D)  Have all health care delivered by government employees such as in the military 
A)  Rely on giving consumers medical savings accounts with which to buy insurance 
B)  Have a single government payer for all health care costs financed by taxes 
C)  Expand access to private insurance with government subsidies 
D)  Have all health care delivered by government employees such as in the military

Question 11

The House of Representatives voted in 2011 and 2012 to abolish Medicare and substitute for it

Accepted Answer

A)  Government nationalized health insurance for everyone 
B)  A program only available to the elderly who have low incomes 
C)  A flat sum of money to everyone over 65 to be used to purchase private health insurance. 
D)  A system where your last health insurance policy before you retired is continued with the same premiums. 
A)  Government nationalized health insurance for everyone 
B)  A program only available to the elderly who have low incomes 
C)  A flat sum of money to everyone over 65 to be used to purchase private health insurance. 
D)  A system where your last health insurance policy before you retired is continued with the same premiums.

Question 12

As of 2011, how many unemployed construction workers were there?

Accepted Answer

A)  7.1 million 
B)  6.1 million 
C)  5.1 million 
D)  4.1 million 
A)  7.1 million 
B)  6.1 million 
C)  5.1 million 
D)  4.1 million

Question 13

The following are all arguments against a full employment act except

Accepted Answer

A)  It is impossible to find jobs for those whose unemployment is considered frictional. 
B)  Even with 2% unemployment there will be accelerated inflation because that rate is too low 
C)  There isn't enough useful work for the entire population to be engaged in 
D)  Using government to guarantee jobs will increase deficit spending 
A)  It is impossible to find jobs for those whose unemployment is considered frictional. 
B)  Even with 2% unemployment there will be accelerated inflation because that rate is too low 
C)  There isn't enough useful work for the entire population to be engaged in 
D)  Using government to guarantee jobs will increase deficit spending

Question 14

During the recovery from Great Recession (2009-2012)

Accepted Answer

A)  Both the public sector and the private sector experienced rapid job growth 
B)  Both the public sector and the private sector experienced slow job growth 
C)  The public sector saw slow job growth while the private sector lost jobs 
D)  The private sector saw slow job growth while the public sector lost jobs. 
A)  Both the public sector and the private sector experienced rapid job growth 
B)  Both the public sector and the private sector experienced slow job growth 
C)  The public sector saw slow job growth while the private sector lost jobs 
D)  The private sector saw slow job growth while the public sector lost jobs.

Question 15

The supporters of Medicare for all-a single payer system of health insurance where the government is the single-payer argue that such a program will increase employment in the country because

Accepted Answer

A)  The reduced cost of providing medical care will reduce the costs to business of providing health insurance to their employees. 
B)  The reduced cost to business would not reduce the take-home pay of employees. 
C)  Take home pay would increase if the reduced cost of private health insurance premiums were greater than the increase in taxes to pay for Medicare for all. 
D)  All of the above. 
A)  The reduced cost of providing medical care will reduce the costs to business of providing health insurance to their employees. 
B)  The reduced cost to business would not reduce the take-home pay of employees. 
C)  Take home pay would increase if the reduced cost of private health insurance premiums were greater than the increase in taxes to pay for Medicare for all. 
D)  All of the above.

Question 16

"The only educational expenditures that are investments are the construction of buildings and purchases of equipment."

Accepted Answer

A) True 
 B)False

Question 17

"Educational expenditures are investments."

Accepted Answer

A) True 
 B)False

Question 18

Well off individuals and corporations influence government policies by all of the following methods, except:

Accepted Answer

A)  Donating money to political action committees to spend on elections 
B)  Donating money to conduct saturation advertising campaigns in the media to oppose reforms that might reduce profitability 
C)  Donating money to labor unions 
D)  Money to lobbyists 
A)  Donating money to political action committees to spend on elections 
B)  Donating money to conduct saturation advertising campaigns in the media to oppose reforms that might reduce profitability 
C)  Donating money to labor unions 
D)  Money to lobbyists

Question 19

The text sees some positive aspects to the Affordable Care Act including:

Accepted Answer

A)  It gives subsidies to cover insurance premiums for low income people who are not eligible for Medicaid 
B)  It mandates that everyone have health insurance 
C)  It gets ride of many abuses by the private health insurance companies 
D)  All of the above 
A)  It gives subsidies to cover insurance premiums for low income people who are not eligible for Medicaid 
B)  It mandates that everyone have health insurance 
C)  It gets ride of many abuses by the private health insurance companies 
D)  All of the above

Question 20

Progressive critics of the policies of the Obama Administration in combatting the recession of 2008-2009 argue that

Accepted Answer

A)  There should have been more tax cuts in the stimulus package 
B)  There were too many crushing financial regulations enacted in the Dodd-Frank Act 
C)  There is no magical "reset" button for the economy after such a severe financial crisis. 
D)  All of the above 
A)  There should have been more tax cuts in the stimulus package 
B)  There were too many crushing financial regulations enacted in the Dodd-Frank Act 
C)  There is no magical "reset" button for the economy after such a severe financial crisis. 
D)  All of the above

A Conservative argument against a public option in health care is:

The United States education system consists of

All of the following examples are infrastructure spending except for

The book gives examples of useful government provided services. These examples include all but

During the Great Depression, what government business was created to deliver power to underserved communities.

The supporters of Medicare for all-a single payer system of health insurance where the government is the single-payer argue that

Conservatives argue that government provided services are (almost) always inferior to private-sector alternatives.

A Conservative argument against a public option in health care is:

Why did states and cities reduce employment as a result of the recession of 2009.

Progressive critics of the Obama Administration's health care proposed an alternative that would

The House of Representatives voted in 2011 and 2012 to abolish Medicare and substitute for it

As of 2011, how many unemployed construction workers were there?

The following are all arguments against a full employment act except

During the recovery from Great Recession (2009-2012)

The supporters of Medicare for all-a single payer system of health insurance where the government is the single-payer argue that such a program will increase employment in the country because

"The only educational expenditures that are investments are the construction of buildings and purchases of equipment."

"Educational expenditures are investments."

Well off individuals and corporations influence government policies by all of the following methods, except:

The text sees some positive aspects to the Affordable Care Act including:

Progressive critics of the policies of the Obama Administration in combatting the recession of 2008-2009 argue that

What Is Macroeconomics and the Evolution of Capitalism

The Classical View of the Macro-Economy

The Keynesian Revolution

National Income Accounting

Classical and Keynesian Graphical Analysis

Introduction to Economic Growth

Introduction to Business Cycles

Investment and Profit, and the Multiplier

Consumer Spending, and Credit and Interest

Housing Bubble, Financial Crisis, and Government Spending, Taxes, and Deficits

The Trade Gap

Business Cycles

Globalization and the Spread of Instability

Inflation

Monetary Policy, Financial Regulation, and Debates Over Monetary Policy

Fiscal Policy: How to Stimulate the Economy

Fiscal Policy: Austerians and Deficit Hawks V Stimulus

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Exam 18: A Road to Full Employment

A Conservative argument against a public option in health care is:

The United States education system consists of

All of the following examples are infrastructure spending except for

The book gives examples of useful government provided services. These examples include all but

During the Great Depression, what government business was created to deliver power to underserved communities.

The supporters of Medicare for all-a single payer system of health insurance where the government is the single-payer argue that

Conservatives argue that government provided services are (almost) always inferior to private-sector alternatives.

A Conservative argument against a public option in health care is:

Why did states and cities reduce employment as a result of the recession of 2009.

Progressive critics of the Obama Administration's health care proposed an alternative that would

The House of Representatives voted in 2011 and 2012 to abolish Medicare and substitute for it

As of 2011, how many unemployed construction workers were there?

The following are all arguments against a full employment act except

During the recovery from Great Recession (2009-2012)

The supporters of Medicare for all-a single payer system of health insurance where the government is the single-payer argue that such a program will increase employment in the country because

"The only educational expenditures that are investments are the construction of buildings and purchases of equipment."

"Educational expenditures are investments."

Well off individuals and corporations influence government policies by all of the following methods, except:

The text sees some positive aspects to the Affordable Care Act including:

Progressive critics of the policies of the Obama Administration in combatting the recession of 2008-2009 argue that

What Is Macroeconomics and the Evolution of Capitalism

The Classical View of the Macro-Economy

The Keynesian Revolution

National Income Accounting

Classical and Keynesian Graphical Analysis

Introduction to Economic Growth

Introduction to Business Cycles

Investment and Profit, and the Multiplier

Consumer Spending, and Credit and Interest

Housing Bubble, Financial Crisis, and Government Spending, Taxes, and Deficits

The Trade Gap

Business Cycles

Globalization and the Spread of Instability

Inflation

Monetary Policy, Financial Regulation, and Debates Over Monetary Policy

Fiscal Policy: How to Stimulate the Economy

Fiscal Policy: Austerians and Deficit Hawks V Stimulus

Filters