Government attempts to manipulate the economy by using its taxing and spending powers are called
Intro to U S Government
Question 1Government attempts to manipulate the economy by using its taxing and spending powers are called
antitrust policies.
expropriation policies.
monetary policies.
fiscal policies.
redistributive policies.
Question 2Which of the following programs provides an in-kind benefit?
Social Security
Medicaid
veterans’ benefits payments
Supplemental Security Income
Question 3Which of the following was not part of the No Child Left Behind Act?
a provision allowing parents whose child is attending a failing school to transfer the child to a better school
a requirement that states failing to meet national standards improve tutoring, longer school days, and additional summer school
federal requirements for testing and school accountability
a requirement that a national test be used to evaluate every student around the country
a requirement that every child in grades 3 through 8 be tsted yearly for proficiency in math and reading
Question 4Means testing requires that applicants for welfare benefits show
that they are capable of getting to and from their workplace.
that they have the ability to store and prepare food.
a financial need for assistance.
that they have the time and resources to take full advantage of federal educational opportunities.
that they are natural-born citizens who have never been convicted of a felony.
Question 5The United States’ welfare state was constructed initially in response to
the Civil War.
World War II.
political reforms of the Progressive Era.
the Great Depression.
the growth of the military-industrial complex.
Question 6Which three government programs provide assistance to the working poor?
Temporary Assistance for Needy Families, Medicare, and the Supplemental Nutrition Assistance Care Act
the Earned Income Tax Credit, the Supplemental Nutrition Assistance Program, and the Affordable Care Act
Temporary Assistance for Needy Families Social Security, and the Earned Income Tax Credit
Temporary Assistance for Needy Families, Medicare and the Affordable Care Act
Social Security, Medicaid, and Medicare
Question 7Monetary policy manipulates the growth of the economy by
taxing and spending.
privatizing and nationalizing selected industries.
controlling the availability of money to banks.
regulating the foreign exchange of currency
distributing welfare benefits
Question 8What event prompted the federal government to enter the field of public education?
the Civil War
the Great Depression
World War II
the Soviet Union’s launching of Sputnik
the civil rights movement
Question 9Which of the following is a contributory program?
Medicaid
Medicare
Temporary Assistance to Needy Families
food stamps
Question 10A policy whose objective is to reduce the gaps between the highest ad lowest income groups is called
antitrust policy.
deregulation.
discretionary spending.
equalization.
redistribution.
Question 11Supply-side economics is the idea that
the best method of producing high levels of economic growth is to engage in high levels of government spending.
the government should impose heavy tariffs on imported goods in order to protect domestic suppliers.
the government’s role in the economy should be limited to regulating the money supply.
reducing the marginal rate of taxation will promote higher levels of work and investment.
Question 12Who are the chief beneficiaries of the “shadow welfare state”?
children
the elderly
the nonworking poor
the working poor
the middle and upper classes
Question 13The most powerful institution in determining America’s monetary policy is
the Department of Commerce.
the Department of the Treasury.
the federal judiciary.
the Federal Reserve System.
the president.
Question 14Which of the following is an example of a contributory program?
Medicaid
Medicare
Temporary Assistance for Needy Families
Supplemental Nutrition Assistance Program
Aid to Families with Dependent Children
Question 15What makes the income tax progressive?
The revenue that is raised from it tends to be spent on progressive goals.
The income tax charges a flat tax rate regardless of income, which is more equitable.
The more income people make, the lower a tax rate they have to pay on that income.
The more income people make, the higher a tax rate they have to pay on that income.
Question 16When did the American welfare state begin?
1890s
1910s
1930s
1950s
Question 17The term “feminization of poverty” refers to the fact that
women are more likely to be poor than men.
women benefit more from federal antipoverty programs.
women have become less likely over time to fall below the federal poverty line.
the wage gap between men and women has become much larger over the last 50 years.
Question 18The periodic adjustment of benefits or wages that takes into account the increased cost of living is called
means testing.
indexing.
graphing.
economic tabulating.
Question 19Which of the following are examples of in-kind benefits?
Medicaid and the Supplemental Nutrition Assistance Program
Social Security and the Troubled Assets Relief Program
Medicare and unemployment compensation
the GI Bill of Rights ad the Equal Rights Amendment
the Earned Income Tax Creddit and No Child Left Behind
Question 20hat is a tariff?
It is a tax on imported goods.
It is a consistent increase in the general level of prices.
It is a single firm that controls a market.
It is a government grant.
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