Question 1

FranklinD.Roosevelt introduced the Fair Deal,a series of proposed actions in the fields of economic development and social welfare.

Accepted Answer

A) True 
 B)False  False

Question 2

Which of the following is true regarding the executive agency?

Accepted Answer

A)  The administrator can be removed only for cause. 
B)  It is an independent agency. 
C)  It is run by a single administrator. 
D)  The administrator is nominated by the Senate and confirmed by the president. 
A)  The administrator can be removed only for cause. 
B)  It is an independent agency. 
C)  It is run by a single administrator. 
D)  The administrator is nominated by the Senate and confirmed by the president. C

Question 3

The _____ is a daily government publication containing proposed rules,final rules,and notices of public meetings by regulatory agencies,and presidential executive orders.

Accepted Answer

A)  Federal Register 
B)  Code of Federal Regulations 
C)  Official Congressional Directory 
D)  United States Reports 
A)  Federal Register 
B)  Code of Federal Regulations 
C)  Official Congressional Directory 
D)  United States Reports A

Question 4

Executive-branch agencies have to submit proposed and final rules to the ____,whereas independent regulatory commissions must follow procedures in the:

Accepted Answer

A)  Office of Administration;Congressional Review Act. 
B)  Office of Management and Budget;Sherman Antitrust Act. 
C)  Office of Personnel Management;Emergency Economic Stabilization Act. 
D)  Office of Information and Regulatory Affairs;Administrative Procedures Act. 
A)  Office of Administration;Congressional Review Act. 
B)  Office of Management and Budget;Sherman Antitrust Act. 
C)  Office of Personnel Management;Emergency Economic Stabilization Act. 
D)  Office of Information and Regulatory Affairs;Administrative Procedures Act.

Question 5

Government activity that guides the behavior of citizens,groups,and corporations to reach economic or social goals is known as:

Accepted Answer

A)  autarky. 
B)  national treatment. 
C)  regulation. 
D)  liberalization. 
A)  autarky. 
B)  national treatment. 
C)  regulation. 
D)  liberalization.

Question 6

The basic steps of the rulemaking process were set forth in the:

Accepted Answer

A)  Congressional Review Act. 
B)  Sherman Antitrust Act. 
C)  Administrative Procedures Act. 
D)  Emergency Economic Stabilization Act. 
A)  Congressional Review Act. 
B)  Sherman Antitrust Act. 
C)  Administrative Procedures Act. 
D)  Emergency Economic Stabilization Act.

Question 7

The _____ was a program that gave federal regulators power to exchange funds for an ownership interest in banks and corporations.

Accepted Answer

A)  Troubled Asset Relief Program 
B)  Temporary Liquidity Guarantee Program 
C)  NCUA Corporate Stabilization Program 
D)  Commercial Paper Funding Facility Program 
A)  Troubled Asset Relief Program 
B)  Temporary Liquidity Guarantee Program 
C)  NCUA Corporate Stabilization Program 
D)  Commercial Paper Funding Facility Program

Question 8

As a response to the economic depression in 1932,President FranklinD.Roosevelt proposed the ____,a series of programs to bring "Relief,Recovery,and Reform."

Accepted Answer

A)  New Deal 
B)  Square Deal 
C)  Fair Deal 
D)  New Frontier 
A)  New Deal 
B)  Square Deal 
C)  Fair Deal 
D)  New Frontier

Question 9

Which of the following is true regarding the Interstate Commerce Commission?

Accepted Answer

A)  It was an executive agency. 
B)  It was run by 10 commissioners. 
C)  The commissioners served staggered six-year terms. 
D)  Five of the commissioners were to be of any one political party. 
A)  It was an executive agency. 
B)  It was run by 10 commissioners. 
C)  The commissioners served staggered six-year terms. 
D)  Five of the commissioners were to be of any one political party.

Question 10

The general rule that federal courts should defer to agency rules that are based on reasonable interpretations of ambiguous statutes is known as the _____ doctrine.

Accepted Answer

A)  laissez-faire 
B)  Act of State 
C)  Chevron 
D)  Bernal 
A)  laissez-faire 
B)  Act of State 
C)  Chevron 
D)  Bernal

Question 11

When an agency decides to promulgate a rule and the draft is ready,the agency publishes it as a proposed rule in the:

Accepted Answer

A)  Code of Federal Regulations. 
B)  Official Congressional Directory. 
C)  United States Reports. 
D)  Federal Register. 
A)  Code of Federal Regulations. 
B)  Official Congressional Directory. 
C)  United States Reports. 
D)  Federal Register.

Question 12

The _____ Act mandates that most new rules cannot go into effect until 60 days after they have been sent to Congress for analysis.

Accepted Answer

A)  Congressional Review 
B)  Administrative Procedure 
C)  Congressional Accountability 
D)  Apportionment 
A)  Congressional Review 
B)  Administrative Procedure 
C)  Congressional Accountability 
D)  Apportionment

Question 13

When companies dominate an industry,they may engage in unfair or destructive competition.

Accepted Answer

A) True 
 B)False

Question 14

A _____ is a decree issued by an agency to implement a law passed by Congress.

Accepted Answer

A)  veto 
B)  rule 
C)  revocation 
D)  stratagem 
A)  veto 
B)  rule 
C)  revocation 
D)  stratagem

Question 15

Industries such as the steel industry and big agricultural sectors such as cotton,peanuts,sugarcane,and tobacco benefit from protectionist rules and subsidies.This is an example of the government:

Accepted Answer

A)  passing regulations to benefit special interests. 
B)  regulating socially desirable goods and services. 
C)  regulating socially desirable production methods. 
D)  passing resolution of national and global problems. 
A)  passing regulations to benefit special interests. 
B)  regulating socially desirable goods and services. 
C)  regulating socially desirable production methods. 
D)  passing resolution of national and global problems.

Question 16

Discuss Congress oversight? Does it influence agency actions?

Accepted Answer

Congress has many ways to influence and

Question 17

To administer the Troubled Asset Relief Program,Congress created a new agency in the Treasury Department known as the:

Accepted Answer

A)  Office of the Comptroller of the Currency. 
B)  Office of Financial Stability. 
C)  Office of Financial Institutions. 
D)  Office of Government Financial Policy. 
A)  Office of the Comptroller of the Currency. 
B)  Office of Financial Stability. 
C)  Office of Financial Institutions. 
D)  Office of Government Financial Policy.

Question 18

During the first wave of regulation,most of the offices that were set up to perform regulatory functions were primarily promotional in nature.Which of the following was an exception?

Accepted Answer

A)  Copyright Office 
B)  Bureau of Fisheries 
C)  Comptroller of the Currency 
D)  Patent and Trademark Office 
A)  Copyright Office 
B)  Bureau of Fisheries 
C)  Comptroller of the Currency 
D)  Patent and Trademark Office

Question 19

The Equal Protection Clause has been interpreted to give the federal government wide power to regulate business.

Accepted Answer

A) True 
 B)False

Question 20

Which Act was passed by Congress in 2008 to restore financial stability?

Accepted Answer

A)  The Expedited Funds Availability Act 
B)  The Emergency Economic Stabilization Act 
C)  The Congressional Accountability Act 
D)  The Tax Extenders and Alternative Minimum Tax Relief Act 
A)  The Expedited Funds Availability Act 
B)  The Emergency Economic Stabilization Act 
C)  The Congressional Accountability Act 
D)  The Tax Extenders and Alternative Minimum Tax Relief Act

FranklinD.Roosevelt introduced the Fair Deal,a series of proposed actions in the fields of economic development and social welfare.

Which of the following is true regarding the executive agency?

The _____ is a daily government publication containing proposed rules,final rules,and notices of public meetings by regulatory agencies,and presidential executive orders.

Executive-branch agencies have to submit proposed and final rules to the ____,whereas independent regulatory commissions must follow procedures in the:

Government activity that guides the behavior of citizens,groups,and corporations to reach economic or social goals is known as:

The basic steps of the rulemaking process were set forth in the:

The _____ was a program that gave federal regulators power to exchange funds for an ownership interest in banks and corporations.

As a response to the economic depression in 1932,President FranklinD.Roosevelt proposed the ____,a series of programs to bring "Relief,Recovery,and Reform."

Which of the following is true regarding the Interstate Commerce Commission?

The general rule that federal courts should defer to agency rules that are based on reasonable interpretations of ambiguous statutes is known as the _____ doctrine.

When an agency decides to promulgate a rule and the draft is ready,the agency publishes it as a proposed rule in the:

The _____ Act mandates that most new rules cannot go into effect until 60 days after they have been sent to Congress for analysis.

When companies dominate an industry,they may engage in unfair or destructive competition.

A _____ is a decree issued by an agency to implement a law passed by Congress.

Industries such as the steel industry and big agricultural sectors such as cotton,peanuts,sugarcane,and tobacco benefit from protectionist rules and subsidies.This is an example of the government:

Discuss Congress oversight? Does it influence agency actions?

To administer the Troubled Asset Relief Program,Congress created a new agency in the Treasury Department known as the:

During the first wave of regulation,most of the offices that were set up to perform regulatory functions were primarily promotional in nature.Which of the following was an exception?

The Equal Protection Clause has been interpreted to give the federal government wide power to regulate business.

Which Act was passed by Congress in 2008 to restore financial stability?

The Study of Business, Government, and Society

The Dynamic Environment

Business Power

Critics of Business

Corporate Social Responsibility

Implementing Corporate Social Responsibility

Business Ethics

Making Ethical Decisions in Business

Business in Politics

Multinational Corporations

Globalization, Trade, and Corruption

Industrial Pollution and Environmental Regulation

Managing Environmental Quality

Consumerism

The Changing Workplace

Civil Rights, Women, and Diversity

Corporate Governance

Filters

Exam 10: Regulating Business

FranklinD.Roosevelt introduced the Fair Deal,a series of proposed actions in the fields of economic development and social welfare.

Which of the following is true regarding the executive agency?

The _____ is a daily government publication containing proposed rules,final rules,and notices of public meetings by regulatory agencies,and presidential executive orders.

Executive-branch agencies have to submit proposed and final rules to the ____,whereas independent regulatory commissions must follow procedures in the:

Government activity that guides the behavior of citizens,groups,and corporations to reach economic or social goals is known as:

The basic steps of the rulemaking process were set forth in the:

The _____ was a program that gave federal regulators power to exchange funds for an ownership interest in banks and corporations.

As a response to the economic depression in 1932,President FranklinD.Roosevelt proposed the ____,a series of programs to bring "Relief,Recovery,and Reform."

Which of the following is true regarding the Interstate Commerce Commission?

The general rule that federal courts should defer to agency rules that are based on reasonable interpretations of ambiguous statutes is known as the _____ doctrine.

When an agency decides to promulgate a rule and the draft is ready,the agency publishes it as a proposed rule in the:

The _____ Act mandates that most new rules cannot go into effect until 60 days after they have been sent to Congress for analysis.

When companies dominate an industry,they may engage in unfair or destructive competition.

A _____ is a decree issued by an agency to implement a law passed by Congress.

Industries such as the steel industry and big agricultural sectors such as cotton,peanuts,sugarcane,and tobacco benefit from protectionist rules and subsidies.This is an example of the government:

Discuss Congress oversight? Does it influence agency actions?

To administer the Troubled Asset Relief Program,Congress created a new agency in the Treasury Department known as the:

During the first wave of regulation,most of the offices that were set up to perform regulatory functions were primarily promotional in nature.Which of the following was an exception?

The Equal Protection Clause has been interpreted to give the federal government wide power to regulate business.

Which Act was passed by Congress in 2008 to restore financial stability?

The Study of Business, Government, and Society

The Dynamic Environment

Business Power

Critics of Business

Corporate Social Responsibility

Implementing Corporate Social Responsibility

Business Ethics

Making Ethical Decisions in Business

Business in Politics

Multinational Corporations

Globalization, Trade, and Corruption

Industrial Pollution and Environmental Regulation

Managing Environmental Quality

Consumerism

The Changing Workplace

Civil Rights, Women, and Diversity

Corporate Governance

Filters