Question 1

What advantages and disadvantages exist for a nation that has a large immigrant population?

Accepted Answer

There are several advantages and disadva...

Question 2

Examine the federal budget deficit, why it occurred, and what measures should be taken to bring it down.

Accepted Answer

The federal budget deficit occurs when t...

Question 3

Monetary policy includes

Accepted Answer

A)   using changes in the amount of money in circulation to alter credit markets, employment, and the rate of inflation.
B)   using changes in the size of the federal budget deficit to alter national economic variables.
C)   regulating tax rates to ensure controlled growth and low inflation.
D)   continually increasing the size of the national debt.
E)   linkage of the consumer price index and the gross national product.

Question 4

Describe health care's role in the American economy, including recent trends in coverage and costs.

Accepted Answer

Health care plays a significant role in ...

Question 5

Critics of immigration fear that immigrants to the United States may

Accepted Answer

A)   take jobs away from American workers.
B)   offset the low birthrate and aging population.
C)   expand the workforce and help support, through their taxes, government programs such as Medicare.
D)   become Americanized.
E)   pay into the Social Security program.

Question 6

scientists who perform research on the world's climate believe that global warming will be significant.

Accepted Answer

A)   Virtually, none of the
B)   A minority of
C)   About half of all
D)   A slight majority of
E)   Almost all

Question 7

An economic downturn, usually characterized by a fall in the GDP and rising unemployment, is called

Accepted Answer

A)   a Keynesian economy.
B)   "hidden unemployment."
C)   inflation.
D)   a depression.
E)   a recession.

Question 8

Which of the following statements best defines discouraged workers?

Accepted Answer

A)   People who work in businesses that they created
B)   People who took control of businesses from someone else
C)   People who work less than forty hours a week
D)   People who are ineligible to work in the United States
E)   People who have dropped out of the labor force and are no longer looking for a job

Question 9

Policy formulation is

Accepted Answer

A)   the process of making the government aware that an issue requires action.
B)   the discussion of proposals between governmental officials and the public.
C)   choosing a specific policy proposal from among the alternatives that have been discussed.
D)   concerned with the implementation of policy by bureaucrats, the courts, police, and individual citizens.
E)   the process of examining how a policy has worked in practice.

Question 10

Which of the following statements regarding the economy is true?

Accepted Answer

A)   Rising prices are referred to as deflation.
B)   An extremely severe recession is called a depression.
C)   The United States has not experienced a recession since 1933.
D)   In effect, today's dollar is the same as a 1910 dollar.
E)   The inflation rate is an indicator of average interest rates.

Question 11

Those who were born on foreign soil now constitute about of the U.S. population.

Accepted Answer

A)   1.5 percent
B)   6 percent
C)   13 percent
D)   23 percent
E)   46 percent

Question 12

Which of the following is NOT a step in the policymaking process?

Accepted Answer

A)   Policy implementation
B)   Judicial review
C)   Policy formulation
D)   Agenda building
E)   Policy evaluation

Question 13

Which of the following statements about immigration rates in the United States is true?

Accepted Answer

A)   Immigration rates are at their lowest since the 1950s.
B)   Immigration rates are falling dramatically.
C)   Immigration rates are stable since they peaked in the 1980s.
D)   Immigration rates are among the highest since their peak in the early twentieth century.
E)   Immigration rates are lower than ever before.

Question 14

Policy implementation is

Accepted Answer

A)   concerned with how policies are carried out by bureaucrats, the courts, police, and individual citizens.
B)   the process of making the media aware of an issue.
C)   the discussion of proposals between governmental officials and the public.
D)   concerned with a specific strategy for a proposal.
E)   a study conducted to see what happens after a policy is first established.

Question 15

Which of the following statements is true of policy evaluation?

Accepted Answer

A)   After a policy has been implemented, it is often challenged in the Supreme Court.
B)   Policy evaluation is just an academic exercise and has no real-world consequences.
C)   Groups inside and outside government conduct studies to determine how the program actually works after a policy has been in place for a period of time.
D)   By 2013, the health-care reforms had been thoroughly evaluated.
E)   After a period of evaluation, the president implements and executes the law.

Question 16

As of 2010, about 50 percent of total health-care spending was paid for by

Accepted Answer

A)   the government.
B)   private insurance.
C)   individuals.
D)   charity.
E)   the Health Care for Americans endowment.

Question 17

A sustained rise in the general price level of goods and services is called

Accepted Answer

A)   a Keynesian economy.
B)   "hidden unemployment."
C)   inflation.
D)   a depression.
E)   a recession.

Question 18

The Social Security payroll tax can best be described as a

Accepted Answer

A)   state tax.
B)   victimless tax.
C)   excise tax.
D)   regressive tax.
E)   progressive tax.

Question 19

Which of the following statements about the Medicare system is false?

Accepted Answer

A)   It pays for hospital and physician bills for U.S. residents aged 65 years or over.
B)   It pays part of elderly people's prescription drug benefits.
C)   Some health-care providers have become reluctant to accept Medicare patients, because the Federal Government has cut back on reimbursement rates.
D)   Reimbursement rates and caps are set according to international standards.
E)   It is funded by taxes on wages and salaries.

Question 20

Which of the following happens with a progressive tax system?

Accepted Answer

A)   All taxpayers pay taxes at the same percentage rate.
B)   People with higher incomes pay taxes at a higher rate.
C)   People with higher incomes pay taxes at a lower rate.
D)   The tax burden consists mostly of property and sales taxes.
E)   The tax rates increase by a set percentage every year.

Exam 13: Domestic And Economic Policy

Which of the following statements about the Medicare system is false?

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Those who were born on foreign soil now constitute about of the U.S. population.

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An economic downturn, usually characterized by a fall in the GDP and rising unemployment, is called

Correct AnswerverifiedShow Answer

Examine the federal budget deficit, why it occurred, and what measures should be taken to bring it down.

Correct AnswerAnswered by ExamLex AIThe federal budget deficit occurs when t...View AnswerShow Answer

A sustained rise in the general price level of goods and services is called

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Policy implementation is

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Which of the following is NOT a step in the policymaking process?

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Which of the following statements regarding the economy is true?

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Policy formulation is

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Which of the following statements best defines discouraged workers?

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Which of the following happens with a progressive tax system?

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The Social Security payroll tax can best be described as a

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As of 2010, about 50 percent of total health-care spending was paid for by

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What advantages and disadvantages exist for a nation that has a large immigrant population?

Correct AnswerAnswered by ExamLex AIThere are several advantages and disadva...View AnswerShow Answer

Which of the following statements is true of policy evaluation?

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Critics of immigration fear that immigrants to the United States may

Correct AnswerverifiedShow Answer

Monetary policy includes

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Describe health care's role in the American economy, including recent trends in coverage and costs.

Correct AnswerAnswered by ExamLex AIHealth care plays a significant role in ...View AnswerShow Answer

Which of the following statements about immigration rates in the United States is true?

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scientists who perform research on the world's climate believe that global warming will be significant.

Correct AnswerverifiedShow Answer

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The federal budget deficit occurs when t...
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There are several advantages and disadva...
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Health care plays a significant role in ...
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