Question 1

Why did Congress begin to adopt national business regulations?

Accepted Answer

A) They wanted to increase the amount of money that the government earns from monopolies. 
B) They thought that government-sponsored monopolies were the best way to provide services to consumers in most industries. 
C) They wanted to alleviate the burdens that companies faced of adapting to the regulatory inconsistencies across states. 
D) They wanted to encourage the development of an automotive industry that would strengthen America's position in the world economy. 
E) Occasional bubbles,fostered by regulation,are actually a healthy part of a market economy. 
A) They wanted to increase the amount of money that the government earns from monopolies. 
B) They thought that government-sponsored monopolies were the best way to provide services to consumers in most industries. 
C) They wanted to alleviate the burdens that companies faced of adapting to the regulatory inconsistencies across states. 
D) They wanted to encourage the development of an automotive industry that would strengthen America's position in the world economy. 
E) Occasional bubbles,fostered by regulation,are actually a healthy part of a market economy.

Question 2

Over the past few decades in the Social Security program,the ratio of contributing workers and retirees has increased so that we now have over six contributors per one retiree.

Accepted Answer

A) True 
 B)False

Question 3

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

Accepted Answer

Contributory programs and public assista

Question 4

Cost-of-living adjustments for the Social Security system are based on changes in the:

Accepted Answer

A) Consumer Price Index 
B) gross national product 
C) gross domestic product 
D) quarterly national living standards survey 
E) average real disposable income 
A) Consumer Price Index 
B) gross national product 
C) gross domestic product 
D) quarterly national living standards survey 
E) average real disposable income

Question 5

What is one of the most important ways that government can protect welfare and property?

Accepted Answer

A) by maintaining law and order 
B) by granting legal monopolies for the most profitable industries 
C) by allowing states to set their own unique business regulations 
D) by supporting the unfettered use of credit-default swaps 
E) by purchasing shares of stock in all major sectors of the American economy 
A) by maintaining law and order 
B) by granting legal monopolies for the most profitable industries 
C) by allowing states to set their own unique business regulations 
D) by supporting the unfettered use of credit-default swaps 
E) by purchasing shares of stock in all major sectors of the American economy

Question 6

The amount by which government spending exceeds revenues in a fiscal year is called the:

Accepted Answer

A) national debt 
B) trade shortfall 
C) gross national product 
D) gross domestic product 
E) budget deficit 
A) national debt 
B) trade shortfall 
C) gross national product 
D) gross domestic product 
E) budget deficit

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

A prerequisite for a market economy is a government that maintains competition across the various sectors of the economy.

Accepted Answer

A) True 
 B)False

Question 9

An effective market economy requires government rules for the enforcement of contracts.

Accepted Answer

A) True 
 B)False

Question 10

Poorhouses and vagrancy laws are examples of government efforts to:

Accepted Answer

A) enforce contracts 
B) create a labor force 
C) set market standards 
D) provide public goods 
E) ameliorate externalities 
A) enforce contracts 
B) create a labor force 
C) set market standards 
D) provide public goods 
E) ameliorate externalities

Question 11

National tariff policies promote domestic markets by:

Accepted Answer

A) encouraging free trade 
B) restricting imported goods 
C) building interstate transportation links 
D) subsidizing family farmers and urban industries 
E) bringing inexpensive labor to the United States 
A) encouraging free trade 
B) restricting imported goods 
C) building interstate transportation links 
D) subsidizing family farmers and urban industries 
E) bringing inexpensive labor to the United States

Question 12

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:

Accepted Answer

A) Medicaid 
B) Medicare 
C) Social Security 
D) Supplemental Security Income (SSI) 
E) TANF 
A) Medicaid 
B) Medicare 
C) Social Security 
D) Supplemental Security Income (SSI) 
E) TANF

Question 13

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 14

What challenges is the current Social Security system facing? How should these problems be addressed?

Accepted Answer

The current Social Security system is fa

Question 15

Proponents of the Patient Protection and Affordable Care Act argued that the following would occur if it was signed into law?

Accepted Answer

A) The law would lower health care costs by imposing greater efficiencies on providers and reducing fraud. 
B) The law would represent a huge expansion of federal government power. 
C) The law would expand the Democratic Party's base of support. 
D) The law would be enormously expensive. 
E) The law would expand the power of federal agencies,such as the Department of Health and Human Services (HHS). 
A) The law would lower health care costs by imposing greater efficiencies on providers and reducing fraud. 
B) The law would represent a huge expansion of federal government power. 
C) The law would expand the Democratic Party's base of support. 
D) The law would be enormously expensive. 
E) The law would expand the power of federal agencies,such as the Department of Health and Human Services (HHS).

Question 16

Coupons provided to needy persons by the federal government that can be exchanged for food at most grocery stores are called:

Accepted Answer

A) food stamps 
B) market coupons 
C) nutrition certificates 
D) commodity vouchers 
E) WIC checks 
A) food stamps 
B) market coupons 
C) nutrition certificates 
D) commodity vouchers 
E) WIC checks

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

What was President Clinton's major achievement in the welfare field?

Accepted Answer

A) the increase of the Earned Income Tax Credit 
B) the increase of the Supplemental Security interest rate 
C) the increase of the amount of individuals covered under AFDC 
D) the increase of the number of single mothers receiving welfare assistance 
E) the increase of the number of people above the poverty line receiving TANF 
A) the increase of the Earned Income Tax Credit 
B) the increase of the Supplemental Security interest rate 
C) the increase of the amount of individuals covered under AFDC 
D) the increase of the number of single mothers receiving welfare assistance 
E) the increase of the number of people above the poverty line receiving TANF

Question 19

Public expenditures for Aid to Families with Dependent Children (AFDC)did not rise as much as Social Security during the mid-1970s because:

Accepted Answer

A) many state governments chose not to participate 
B) eligibility qualifications were severely tightened 
C) AFDC was not automatically readjusted for inflation 
D) economic expansion brought more people above the poverty line 
E) the rate of inflation was so low 
A) many state governments chose not to participate 
B) eligibility qualifications were severely tightened 
C) AFDC was not automatically readjusted for inflation 
D) economic expansion brought more people above the poverty line 
E) the rate of inflation was so low

Question 20

If there were no Social Security,half of all senior citizens would be living below the poverty line.

Accepted Answer

A) True 
 B)False

Why did Congress begin to adopt national business regulations?

Over the past few decades in the Social Security program,the ratio of contributing workers and retirees has increased so that we now have over six contributors per one retiree.

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

Cost-of-living adjustments for the Social Security system are based on changes in the:

What is one of the most important ways that government can protect welfare and property?

The amount by which government spending exceeds revenues in a fiscal year is called the:

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

A prerequisite for a market economy is a government that maintains competition across the various sectors of the economy.

An effective market economy requires government rules for the enforcement of contracts.

Poorhouses and vagrancy laws are examples of government efforts to:

National tariff policies promote domestic markets by:

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:

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 is the current Social Security system facing? How should these problems be addressed?

Proponents of the Patient Protection and Affordable Care Act argued that the following would occur if it was signed into law?

Coupons provided to needy persons by the federal government that can be exchanged for food at most grocery stores are called:

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

What was President Clinton's major achievement in the welfare field?

Public expenditures for Aid to Families with Dependent Children (AFDC)did not rise as much as Social Security during the mid-1970s because:

If there were no Social Security,half of all senior citizens would be living below the poverty line.

Introduction: Making Sense of Government and 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

Why did Congress begin to adopt national business regulations?

Over the past few decades in the Social Security program,the ratio of contributing workers and retirees has increased so that we now have over six contributors per one retiree.

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

Cost-of-living adjustments for the Social Security system are based on changes in the:

What is one of the most important ways that government can protect welfare and property?

The amount by which government spending exceeds revenues in a fiscal year is called the:

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

A prerequisite for a market economy is a government that maintains competition across the various sectors of the economy.

An effective market economy requires government rules for the enforcement of contracts.

Poorhouses and vagrancy laws are examples of government efforts to:

National tariff policies promote domestic markets by:

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:

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 is the current Social Security system facing? How should these problems be addressed?

Proponents of the Patient Protection and Affordable Care Act argued that the following would occur if it was signed into law?

Coupons provided to needy persons by the federal government that can be exchanged for food at most grocery stores are called:

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

What was President Clinton's major achievement in the welfare field?

Public expenditures for Aid to Families with Dependent Children (AFDC)did not rise as much as Social Security during the mid-1970s because:

If there were no Social Security,half of all senior citizens would be living below the poverty line.

Introduction: Making Sense of Government and 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