Exam 13: Introduction to Public Policy

Changing the interest rate at which banks lend to each other is a process called:

Up to now the Social Security system has run with a surplus.

Which of the following is NOT an example of a public good?

The Supplemental Security Income program is an example of a:

In 1996,President Clinton signed the promised welfare reform bill into law called the:

The cost and availability of credit in the United States are manipulated by changing the federal funds rate.

The American income tax is a regressive tax.

In his 2000 presidential campaign,Al Gore was ridiculed for his proposal to reform Social Security by keeping the trust fund in interest-bearing government securities but in what he called a(n):

The government holds the view that consumers are responsible to protect themselves and does little in terms of consumer protection.

Since a growing proportion of the annual federal budget is consumed by nondiscretionary spending,what specific recommendations would you make in terms of government priorities in an era of increasing national debt and continued risk of shocks to the national economy?

The procedure for determining eligibility for government public assistance programs in which a potential beneficiary must show a financial need for assistance is called:

The most generous TANF payments are sufficient to bring families well above the federal poverty line.

Laws of exchange have deemed certain kinds of exchanges off-limits.

The most fundamental way that government affects investment is by:

Which of the following is NOT something the federal government does to promote economic prosperity?