Question 1

What is the first feature inherent in the very idea of government?

Accepted Answer

A) law and order 
B) rules for liability 
C) creation of a labor force 
D) maintenance of a market structure 
E) individual property rights 
A) law and order 
B) rules for liability 
C) creation of a labor force 
D) maintenance of a market structure 
E) individual property rights

Question 2

To increase the supply of money available to consumers,the Federal Reserve sells government securities.

Accepted Answer

A) True 
 B)False

Question 3

In 1996,Congress abolished the AFDC and replaced it with the

Accepted Answer

A) Job Training and Partnership Act (JTP
A) . 
B) Supplemental Security Income (SSI) program. 
C) Old Age,Survivors,and Disability Insurance program. 
D) Temporary Assistance to Needy Families (TANF) block grant. 
E) food stamps program. 
A) Job Training and Partnership Act (JTP
A) . 
B) Supplemental Security Income (SSI) program. 
C) Old Age,Survivors,and Disability Insurance program. 
D) Temporary Assistance to Needy Families (TANF) block grant. 
E) food stamps program.

Question 4

What economic strategies does the federal government use to promote private business investments? Give examples.

Accepted Answer

Here is the discussion from the text: "A

Question 5

The greatest success of the Temporary Assistance for Needy Families (TANF) program has been that

Accepted Answer

A) more individuals have taken advantage of the assistance offered. 
B) out-of-wedlock births have been reduced under program participants. 
C) former welfare recipients are more successful at finding and keeping jobs. 
D) most families under the program have been paid well enough to be lifted out of poverty. 
E) the number of abortions among families below the poverty line has decreased. 
A) more individuals have taken advantage of the assistance offered. 
B) out-of-wedlock births have been reduced under program participants. 
C) former welfare recipients are more successful at finding and keeping jobs. 
D) most families under the program have been paid well enough to be lifted out of poverty. 
E) the number of abortions among families below the poverty line has decreased.

Question 6

A consistent increase in the government's intervention in the economy is called inflation.

Accepted Answer

A) True 
 B)False

Question 7

What is the Federal Reserve System (the Fed),and what are its powers? Has the Fed been effective at fighting financial crises,such as the foreclosure crisis that occurred in the first decade of the 2000s?

Accepted Answer

The Federal Reserve is a system of 12 ba

Question 8

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

Accepted Answer

A) flat 
B) sales 
C) square 
D) regressive 
E) progressive 
A) flat 
B) sales 
C) square 
D) regressive 
E) progressive

Question 9

In the United States,the welfare system is periodically reformed to ensure that the people affected have a substantial level of comfort and assistance.

Accepted Answer

A) True 
 B)False

Question 10

What challenges does the current Social Security system face? How should these problems be addressed?

Accepted Answer

The major challenge is a long-term imbal

Question 11

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

Accepted Answer

A) gap analysis. 
B) means testing. 
C) the dependency ratio. 
D) the vulnerability formula. 
E) needs assessment. 
A) gap analysis. 
B) means testing. 
C) the dependency ratio. 
D) the vulnerability formula. 
E) needs assessment.

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

Public expenditures for Temporary Assistance for Needy Families (TANF) have not increased as much as Social Security since the mid-1990s because

Accepted Answer

A) many state governments choose not to participate. 
B) eligibility qualifications were severely tightened. 
C) TANF benefits are not automatically readjusted for inflation. 
D) economic expansion brought more people above the poverty line. 
E) the rate of inflation has been so low. 
A) many state governments choose not to participate. 
B) eligibility qualifications were severely tightened. 
C) TANF benefits are not automatically readjusted for inflation. 
D) economic expansion brought more people above the poverty line. 
E) the rate of inflation has been so low.

Question 14

The government's use of taxing and spending powers to manipulate the economy is called monetary policy.

Accepted Answer

A) True 
 B)False

Question 15

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

Accepted Answer

A) property. 
B) sovereignty. 
C) responsibility. 
D) accountability. 
E) civic duty. 
A) property. 
B) sovereignty. 
C) responsibility. 
D) accountability. 
E) civic duty.

Question 16

Many market standards are developed by private-sector trade associations.

Accepted Answer

A) True 
 B)False

Question 17

Congress can do all of the following if tax revenues become inadequate to fund Social Security EXCEPT

Accepted Answer

A) change the taxation of earnings. 
B) change the benefit formula. 
C) change the federal fund rate. 
D) raise the full retirement age. 
E) reduce cost-of-living adjustments. 
A) change the taxation of earnings. 
B) change the benefit formula. 
C) change the federal fund rate. 
D) raise the full retirement age. 
E) reduce cost-of-living adjustments.

Question 18

The Federal Reserve can affect the total amount of credit available in the United States.

Accepted Answer

A) True 
 B)False

Question 19

The national government gives grants-in-aid directly to individuals to build their businesses.

Accepted Answer

A) True 
 B)False

Question 20

The most fundamental way that government affects investment is by

Accepted Answer

A) cutting taxes. 
B) lowering tariffs. 
C) deregulating businesses engaged in interstate commerce. 
D) promoting business,investor,and consumer confidence. 
E) minimizing inflation. 
A) cutting taxes. 
B) lowering tariffs. 
C) deregulating businesses engaged in interstate commerce. 
D) promoting business,investor,and consumer confidence. 
E) minimizing inflation.

What is the first feature inherent in the very idea of government?

To increase the supply of money available to consumers,the Federal Reserve sells government securities.

In 1996,Congress abolished the AFDC and replaced it with the

What economic strategies does the federal government use to promote private business investments? Give examples.

The greatest success of the Temporary Assistance for Needy Families (TANF) program has been that

A consistent increase in the government's intervention in the economy is called inflation.

What is the Federal Reserve System (the Fed),and what are its powers? Has the Fed been effective at fighting financial crises,such as the foreclosure crisis that occurred in the first decade of the 2000s?

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

In the United States,the welfare system is periodically reformed to ensure that the people affected have a substantial level of comfort and assistance.

What challenges does the current Social Security system face? How should these problems be addressed?

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

Public expenditures for Temporary Assistance for Needy Families (TANF) have not increased as much as Social Security since the mid-1990s because

The government's use of taxing and spending powers to manipulate the economy is called monetary policy.

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

Many market standards are developed by private-sector trade associations.

Congress can do all of the following if tax revenues become inadequate to fund Social Security EXCEPT

The Federal Reserve can affect the total amount of credit available in the United States.

The national government gives grants-in-aid directly to individuals to build their businesses.

The most fundamental way that government affects investment is by

Five Principles of Politics

The Founding and the Constitution

Federalism and the Separation of Powers

Civil Liberties and Civil Rights

Congress: the First Branch

The Presidency

The Executive Branch

The Federal Courts

Public Opinion and the Media

Elections

Political Parties

Groups and Interests

Foreign Policy

Filters

Exam 13: Introduction to Public Policy

What is the first feature inherent in the very idea of government?

To increase the supply of money available to consumers,the Federal Reserve sells government securities.

In 1996,Congress abolished the AFDC and replaced it with the

What economic strategies does the federal government use to promote private business investments? Give examples.

The greatest success of the Temporary Assistance for Needy Families (TANF) program has been that

A consistent increase in the government's intervention in the economy is called inflation.

What is the Federal Reserve System (the Fed),and what are its powers? Has the Fed been effective at fighting financial crises,such as the foreclosure crisis that occurred in the first decade of the 2000s?

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

In the United States,the welfare system is periodically reformed to ensure that the people affected have a substantial level of comfort and assistance.

What challenges does the current Social Security system face? How should these problems be addressed?

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

Public expenditures for Temporary Assistance for Needy Families (TANF) have not increased as much as Social Security since the mid-1990s because

The government's use of taxing and spending powers to manipulate the economy is called monetary policy.

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

Many market standards are developed by private-sector trade associations.

Congress can do all of the following if tax revenues become inadequate to fund Social Security EXCEPT

The Federal Reserve can affect the total amount of credit available in the United States.

The national government gives grants-in-aid directly to individuals to build their businesses.

The most fundamental way that government affects investment is by

Five Principles of Politics

The Founding and the Constitution

Federalism and the Separation of Powers

Civil Liberties and Civil Rights

Congress: the First Branch

The Presidency

The Executive Branch

The Federal Courts

Public Opinion and the Media

Elections

Political Parties

Groups and Interests

Foreign Policy

Filters