Exam 13: Introduction to Public Policy

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The Obama administration brought about a major expansion of federal health care policy when it passed the:

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In 1970,the Supreme Court held that the financial benefits of the Aid to Families with Dependent Children program could not be revoked without due process in the case of:

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A sales tax is deemed ________ because everybody pays at the same rate,so that the total income paid in taxes goes down as the total income goes up.

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The provision of an interstate highway system is considered to be a:

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Laws that structure the conditions under which you can sell your property are called:

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Social Security is a contributory program.

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A program financed from general revenues that provide uniform minimum monthly income to people who demonstrate financial need and are age 65 or older,blind,or disabled is:

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Social Security is a rather conservative approach to welfare.

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An example of a noncontributory program is:

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Which term describes a company that provides all the goods and services for a particular market such that competition is nonexistent?

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Markets always produce efficient outcomes.

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Noncash goods and services provided to needy individuals and families by the federal government are called:

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Compare and contrast contributory programs with public assistance programs.What are the advantages and disadvantages of each?

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Government makes a market economy possible.

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What is deregulation? Why did it emerge,and what do you see as its future?

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Government funds given to a state or locality that are earmarked by law for specific categories are called:

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Trespass laws are an example of a type of law that gives concrete meaning to what constitutes:

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Protecting the environment generally complements the economic goals of policy makers.

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The income tax in the United States today is a ________ tax.

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List and describe the various institutions that have been created by the U.S.government to manage its financial affairs.How effective are these agencies?

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