Exam 13: Introduction to Public Policy

An increase in the federal funds rate would

The first priority of the 1996 Personal Responsibility and Work Opportunity Reconciliation Act was to reduce poverty.

Social Security is a contributory program.

Why are market standards so important to a functioning market economy?

Social Security is a rather conservative approach to welfare.

Contributory programs are financed by taxation,which justifiably can be called

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

Before the 1930s,neither the federal nor state governments sought to promote full employment.

Universal compulsory education is an example of government efforts to

Social plans financed in whole or in part by taxation or other mandatory investments by their present or future recipients are described as

In the United States,the government adjusts the welfare system in cycles to be sure that the support given is uncomfortable enough that people will prefer working to retiring on the low income that they will get from welfare.