Deck 15: Domestic Policy

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سؤال
Identify a true statement about the U.S. health-care system.

A) As of 2017, o nly five percent of national spending in the United States goes to health care.
B) The United States has the most number of health-care insurance policies in the world.
C) A problem associated with the health-care system is the lack of health-care insurance.
D) U.S. health-care costs have been declining for years.
E) Health care is completely ignored by the federal government.
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سؤال
Which of the following terms refers to a plan or course of action taken by the government to respond to a political issue or to enhance the social or political well-being of society?

A) Writ
B) Caucus
C) Subpoena
D) Arbitration
E) Policy
سؤال
When scholars and scientists conduct studies to determine whether a law has achieved desired results, they are engaging in:

A) policy evaluation.
B) policy formulation.
C) policy adoption.
D) policy implementation.
E) policy identification.
سؤال
Silas is ten years old. His mother is a homemaker, while his father is a door-to-door salesman. Their family income is not much. Silas is most likely to be covered by _____.

A) the Children's Health Insurance Program
B) TRICARE
C) CHAMPUS
D) the Family Wellness Scheme
E) Medicare
سؤال
Once Congress establishes a policy by enacting legislation, the immediate next action is taken by the:

A) legislative branch that enforces the new policy through its agencies.
B) executive branch that enforces the new policy through its agencies.
C) legislative branch that ensures the legislation is constitutional.
D) judicial branch that ensures the legislation is constitutional.
E) executive branch that evaluates the validity of the policy.
سؤال
Sixty-two-year-old William is a retired employee. He stays in a nursing home facility with other retired persons. The nursing home mostly caters to low-income people. William's medical expenses are most likely to be covered by _____.

A) CHIP
B) PeachCare
C) Medicaid
D) TRICARE
E) Medicare
سؤال
Which of the following statements is true of Medicaid?

A) Medicaid is restricted to covering the health-care insurance for Americans aged sixty-five years and over.
B) Medicaid does not pay for nursing home expenses.
C) Medicaid covers people with disabilities, irrespective of age or income.
D) Recent cost-containment measures have slowed the growth of Medicaid spending.
E) Medicaid is now the government's second-largest domestic spending program, after Social Security.
سؤال
The costs of Medicare are expected to rise over the next two decades as:

A) population growth outpaces the growth in the job market.
B) Obama's stimulus packages expire.
C) population growth outpaces gross domestic product growth.
D) people are brought into the health-care system under Obamacare.
E) millions of baby boomers retire.
سؤال
Identify a newly insured product under the 2014 farm bill.

A) Black pepper
B) Saffron
C) Mustard
D) Flax
E) Sushi rice
سؤال
Which of the following best describes domestic policy?

A) Public policy concerning matters of foreign affairs
B) Public policy concerning issues within a national unit
C) Policy that primarily focuses on families and households
D) Policy that encompasses scientific inventions and innovations
E) Policy that primarily concerns domestic workers, such as maids and caregivers
سؤال
Which of the following best describes the second part of the first stage of the policymaking process?

A) It involves getting an issue on the political agenda to be addressed by Congress.
B) It involves developing proposed legislation.
C) It requires a consensus on what policy should be adopted.
D) It entails the formulation and adoption of specific plans for achieving a particular goal.
E) It involves congressional hearings and expert studies.
سؤال
Which of the following processes comprises the processes of getting an issue on the political agenda; formulating, adopting, and implementing a policy with regard to the issue; and then evaluating the results of the policy?

A) The agenda setting process
B) The policymaking process
C) The policy formulation process
D) The politicization process
E) The issue identification process
سؤال
Identify a true statement about an entitlement program.

A) An entitlement program needs to be renewed every year only if Congress passes an annual funding measure.
B) Congress has direct control over how much an entitlement program will cost in any particular year.
C) It is impossible to estimate the costs of an entitlement program.
D) An entitlement program is invariably the same as a discretionary spending.
E) An entitlement program pays out benefits to persons who meet specified requirements.
سؤال
The second stage of the policymaking process involves the _____ of specific plans for achieving a particular goal.

A) formulation and adoption
B) identification and evaluation
C) evaluation and execution
D) identification and formulation
E) adoption and execution
سؤال
The final stage of policymaking involves:

A) evaluating the success of a policy.
B) implementing a policy.
C) getting an issue on the political agenda.
D) developing proposed legislation.
E) applying policy through local governments.
سؤال
Which of the following statements is true of Medicare?

A) Medicare pays for health-care services for low-income persons, irrespective of age.
B) Medicare is now the government's second-largest domestic spending program, after Social Security.
C) The Medicare program pays for nursing home expenses.
D) The costs of Medicare are expected to decline over the next two decades with the retirement of baby boomers.
E) Medicare is an example of federal discretionary spending.
سؤال
Steven is a cashier at a local retail store. He was recently diagnosed with diabetes and has begun treatment. His monthly income is low and is not enough to pay his medical bills. Steven's medical expenses are most likely to be covered by _____.

A) CHIP
B) PeachCare
C) TRICARE
D) Medicaid
E) Medicare
سؤال
Bradley is a seventy-year-old war veteran. He receives a hefty sum as pension from the government. Which of the following health-care insurance policies is he most likely to have?

A) Medi-Cal
B) BadgerCare
C) Medicaid
D) PeachCare
E) Medicare
سؤال
Gerald is a retired businessman. At the age of seventy-two years, he is diagnosed with throat cancer. His medical expenses are most likely to be covered by _____.

A) CHIP
B) TRICARE
C) Medicare
D) PeachCare
E) Medicaid
سؤال
Every bill that passes through Congress is an opportunity for individual members of Congress to:

A) veto the bill.
B) lobby the president.
C) help constituents.
D) set the national economic policy.
E) solicit money from interest groups.
سؤال
Jared works at a software firm. He is promoted to the post of senior engineer after three years of employment. Despite his promotion, he has to cut down on purchases as his cost of living has almost doubled within the same time perioD)This situation best represents _____.

A) inflation
B) a recession
C) deflation
D) disintermediation
E) deregulation
سؤال
Which of the following statements is true of energy sources in the United States?

A) U.S. oil production, which rose sharply after 1985, began to decline again in 2009.
B) Low natural gas prices plus new air-pollution regulations have made coal uncompetitive as a source of electricity.
C) The United States is not in favor of using nuclear energy as it releases greenhouse gases.
D) The Obama administration approved the construction of the Keystone XL pipeline along the U.S. Gulf Coast.
E) Imports of natural gas are cost-effective as natural gas can be transported by ship efficiently.
سؤال
Which of the following factors has helped make fracking a cost-effective process?

A) Increased number of deepwater-drilling projects
B) Prohibition of offshore drilling
C) Increased number of fuel-efficient vehicles
D) Decreased supplies of petroleum
E) High prices of oil and gas
سؤال
Observations collected by agencies such as the National Aeronautics and Space Administration suggest that during the last half century, average global temperatures:

A) did not greatly vary.
B) increased by about 0.85 degree Celsius.
C) decreased significantly by about 3.4 degree Celsius.
D) increased by about 1.2 degree Celsius.
E) decreased by about 0.03 degree Celsius.
سؤال
Congress was unable to fix certain parts of the Affordable Care Act (ACA) that did not work well because:

A) urban liberals did not vote in support of the legislation.
B) the executive branch and its agencies were uninterested in evaluating the legislation.
C) Congress was unable to identify the underlying problems of the ACA.
D) Republicans in Congress were interested only in repealing the legislation.
E) Democrats in Congress were interested only in proposing and adopting a new legislation.
سؤال
Most climatologists believe that the recent climate change is the result of human activities, especially the release of:

A) noble gases.
B) inert gases.
C) greenhouse gases.
D) dielectric gases.
E) insulating gases.
سؤال
The American Health Care Act (AHCA) differed from the Affordable Care Act (ACA) in that:

A) young people could remain covered by their parents' insurance until they turned twenty-six under the AHCA.
B) Republicans in Congress were interested in repealing the AHCA.
C) the AHCA was proposed by Democrats.
D) the AHCA was substantially less generous than the ACA.
E) the AHCA would phase out the expansion of Medicaid in those states that had adopted it.
سؤال
Which of the following is a renewable source of energy?

A) Nuclear fuel
B) Natural gas
C) Coal
D) Petroleum
E) Solar power
سؤال
Chad, a sales executive at Ochre Inc., was laid off after Ochre faced severe financial losses in the second and third quarters of 2014. The country witnessed an economic decline in the same year. As a result, Chad is now struggling to make ends meet with his limited savings. His debt has considerably increased, and he is finding it difficult to pay his household bills. This situation is an example of _____.

A) inflation
B) an appreciation period
C) a recession
D) disintermediation
E) a boom period
سؤال
_____ is usually defined as two or more quarters of economic decline.

A) Inflation
B) A recession
C) Expansion
D) An appreciation period
E) A boom period
سؤال
Identify a technique adopted by Congress to fund the Affordable Care Act (ACA) program it had developed in 2009.

A) An increased unemployment compensation rate
B) An increased Medicaid tax rate
C) A new tax on low-end health policies
D) A new tax on investments for Americans with a low income
E) An increased Medicare tax rate
سؤال
The Freedom Caucus opposed the passage of the initial version of the American Health Care Act (AHCA) in the House of Representatives because:

A) the AHCA proposed to abolish Medicare.
B) the AHCA proposed to decrease state contribution toward Medicaid.
C) the AHCA did not address issues of unemployment and inflation.
D) the Freedom Caucus thought that the AHCA was too generous.
E) the Freedom Caucus thought that the AHCA was too stingy.
سؤال
_____ refer to the sums a consumer is required to pay before insurance kicks in.

A) Quotas
B) Subsidies
C) Filibusters
D) Deductibles
E) Co-pays
سؤال
Identify a true statement about oil imports by the United States.

A) The United States is not excessively dependent on unfriendly nations for oil imports.
B) The United States does not import oil from its neighbors.
C) The United States has very friendly ties with all the countries from which it imports oil.
D) The United States does not have diversified sources for its imported oil.
E) The United States is not dependent on foreign countries for oil.
سؤال
Which of the following statements is true of fracking?

A) It has turned the United States into the number-one oil producer in the world as of 2014.
B) It greatly contributes to the release of greenhouse gases into the atmosphere.
C) It is a costly process owing to high prices of oil and gas.
D) It involves pumping a high-pressure mixture of iron and sulfur into oil-or gas-bearing underground rock.
E) It is commonly known as gas well dewatering.
سؤال
Identify a true statement about health-insurance coverage.

A) The national health-insurance plan that the United States has adopted excludes the private sector.
B) The United States is the only economically advanced nation that provides universal health-insurance coverage to its citizens.
C) The universal health-insurance plan proposed by President Bill Clinton during his first term did not become a law.
D) The national health-insurance plans are mainly concentrated in the world's economically backward nations.
E) The United States is the first nation that provided universal health-insurance coverage to its citizens.
سؤال
A gas that, when released into the atmosphere, traps the sun's heat and slows its release into outer space is known as a(n) _____.

A) noble gas
B) inert gas
C) greenhouse gas
D) dielectric gas
E) insulating gas
سؤال
Which of the following is a provision of the health-care bills passed by Congress and signed by President Obama?

A) Health-care policies could only be purchased through licensed insurance brokers.
B) Insurance could be purchased through online insurance exchanges solely run by the federal government.
C) Subsidies would be provided to citizens only if they are covered by an employer's plan.
D) Subsidies would be granted to small employers that obtain insurance plans for their employees.
E) Young people could remain covered by their parents' insurance until they turned eighteen.
سؤال
Co-pays are defined as _____.

A) the total amount of money that the national government owes as a result of borrowing
B) the binding annual budgets for government agencies that the agencies cannot exceed
C) the sums of money granted by the federal government to help businesses maintain low prices
D) the consumer ' s share of the cost of an office visit or medication
E) the sums a consumer would have to pay before insurance kicked in
سؤال
Which of the following statements is true of nuclear energy?

A) It releases greenhouse gases.
B) It is also known as hydropower.
C) It does not contribute to global warming.
D) It is a renewable source of energy.
E) It does not pose any threat.
سؤال
The government is most likely to raise money to pay its expenses:

A) through taxes levied on personal income.
B) by lending money at a fixed interest rate.
C) through imports.
D) by adhering to the easy-money policy.
E) by lowering interest rates.
سؤال
Attitudes toward climate change have become highly politicized .
سؤال
Identify a true statement about the tax system in the United States.

A) The Tax Reform Act of 1986 was intended to lower taxes and simplify the tax code and it did just that for most taxpayers.
B) A few years after the Tax Reform Act of 1986 was passed, large federal deficits forced Congress to cut spending.
C) Those affected by the Tax Reform Act of 1986 lobbied Congress to legislate special exceptions so that the full impact of the tax rate increase would be felt by the wealthiest Americans.
D) Tax cuts occurred under the administrations of both George H. W. Bush (1989-1993) and Bill Clinton (1993-2001).
E) The tax rate for the highest income bracket decreased from 39.6 percent in 1986 to 28 percent in 1993.
سؤال
The _____ sells IOUs on behalf of the U.S. government.

A) Department of Commerce
B) U.S. Treasury
C) Federal Reserve Board
D) U.S. Postal Service
E) U.S. Judiciary
سؤال
Public debt refers to the total value of all outstanding:

A) corporate borrowing.
B) local government borrowing alone.
C) federal government borrowing.
D) borrowing by the public.
E) borrowing by interest groups.
سؤال
The _____ is an independent regulatory agency that was established by Congress as the nation's central banking system in 1913.

A) Internal Revenue Service
B) Department of the Treasury
C) Federal Deposit Insurance Corporation
D) Congressional Budget Office
E) Federal Reserve System
سؤال
The centerpiece of the 2014 farm bill was the abolition of direct payments for certain crops.
سؤال
Monetary policy is under the control of:

A) the Bureau of the Fiscal Services.
B) the Committee on Ways and Means.
C) the Federal Reserve System.
D) the Internal Revenue Service.
E) the Department of the Treasury.
سؤال
Nuclear power greatly contributes to global warming because nuclear reactors release greenhouse gases.
سؤال
When the U.S. government spends more than it receives, it typically finances the shortfall by selling IOUs, commonly called _____.

A) entitlements
B) long-term loans
C) credit vouchers
D) treasuries
E) interest investments
سؤال
Which of the following actions is most likely to be taken by the Federal Reserve System in periods of recession and high unemployment?

A) Expanding the rate of growth of the money supply
B) Causing interest rates to rise
C) Inducing consumers to spend less and businesses to invest less
D) Pursuing a tight-money policy
E) Reducing the rate of growth in the amount of money in circulation
سؤال
Discretionary spending are not required to be explicitly renewed .
سؤال
Every time there is a federal government deficit, there is an increase in:

A) consumer spending.
B) business investments.
C) the value of the dollar.
D) the rate of growth of the money supply.
E) the total accumulated public debt.
سؤال
According to the principle underlying fiscal policy, during inflation, fiscal policy should:

A) stimulate economic activity by decreasing taxes.
B) curb economic activity by reducing government spending.
C) let the forces of supply and demand operate on their own.
D) expand the rate of growth of the money supply.
E) use the easy-money policy.
سؤال
The principle underlying fiscal policy states that when unemployment is rising and the economy is going into a recession, fiscal policy should:

A) stimulate economic activity by decreasing taxes.
B) curb economic activity by reducing government spending.
C) let the forces of supply and demand operate on their own.
D) employ a tight-money policy.
E) reduce the rate of growth in the amount of money in circulation.
سؤال
Until recently, support for Keynesianism was relatively bipartisan.
سؤال
The American income tax system is regressive.
سؤال
Years ago, when Congress imposed very high tax rates on high incomes, it provided for more loopholes in the federal tax system. These loopholes:

A) brought the profits earned by government employees under the nontaxable bracket.
B) enabled angel investors to invest directly in businesses.
C) enabled investors in oil and gas wells to increase their taxable income.
D) allowed interest groups to give soft money to political parties.
E) enabled many wealthy individuals to decrease their tax bills significantly.
سؤال
Which of the following statements is true of public debt?

A) Public debt is also known as fiscal debt.
B) The net public debt includes sums that the government owes to itself.
C) The Department of Commerce sells IOUs on behalf of the U.S. government.
D) The interest on treasuries is paid by federal taxes.
E) The net public debt does not include funds held by the Federal Reserve System.
سؤال
Which of the following actions is most likely to be taken by the Federal Reserve System in periods of rising inflation?

A) Pursuing an easy-money policy
B) Reducing interest rates
C) Signing trade embargos
D) Reducing the rate of growth in the amount of money in circulation
E) Expanding the rate of growth of the money supply
سؤال
The _________ is a joint federal-state program that provides health-care insurance for low-income children.

A) Children's Health Insurance Program
B) Family Social Security Plan
C) Children's Quota Scheme
D) Family Wellness Scheme
سؤال
Discuss Keynesian economics.
سؤال
Discuss the provisions of the Agricultural Act of 2014.
سؤال
_________ saw the Affordable Care Act as a "big government takeover" of health care and a threat to popular freedoms.

A) Liberals
B) Conservatives
C) Mercantilists
D) Symbolic interactionists
سؤال
Describe the two problems associated with U.S. health care.
سؤال
Importing natural gas would be costly because gas cannot be transported by ship efficiently unless it is converted to _________.

A) nuclear fuel
B) compressed natural gas
C) liquefied natural gas
D) hydroelectric energy
سؤال
Discuss the major controversies surrounding climate change. Explain how climate change has impacted U.S. politics.
سؤال
According to _________, a nation cannot automatically recover from a disaster such as the Great Depression.

A) Keynesian economics
B) the Tax Reform Act
C) Freudian psychoanalysis
D) the Federal Open Market Committee
سؤال
_________ involves changing the amount of money in circulation to affect interest rates, credit markets, the rate of inflation, the rate of economic growth, and the rate of unemployment.

A) Monetary policy
B) Fiscal policy
C) Zero interest-rate policy
D) Keynesian policy
سؤال
Advocates of the _________ believe that the government should tie the value of the dollar to commodities such as gold.

A) fiscal-union policy
B) hard-money policy
C) tight-money policy
D) easy-money policy
سؤال
The _________ was at the heart of much of the opposition by the Conservatives against the Affordable Care Act.

A) individual mandate
B) Clean Power Plan
C) Social Security program
D) fracking revolution
سؤال
Describe the characteristics of entitlement programs. How are entitlements different from discretionary spending?
سؤال
_________ is a renewable source of energy.

A) Nuclear fuel
B) Natural gas
C) Coal
D) Hydroelectric energy
سؤال
According to the _________, under the American Health Care Act (AHCA) 24 million people would eventually lose their insurance.

A) Congressional Budget Office
B) Office of Management and Budget
C) Federal Reserve System
D) Social Security Administration
سؤال
The 2014 farm bill included funds to combat a disease called _________ in Florida.

A) powdery mildew
B) apple scab
C) citrus greening
D) honey fungus
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ملء الشاشة (f)
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Deck 15: Domestic Policy
1
Identify a true statement about the U.S. health-care system.

A) As of 2017, o nly five percent of national spending in the United States goes to health care.
B) The United States has the most number of health-care insurance policies in the world.
C) A problem associated with the health-care system is the lack of health-care insurance.
D) U.S. health-care costs have been declining for years.
E) Health care is completely ignored by the federal government.
C
2
Which of the following terms refers to a plan or course of action taken by the government to respond to a political issue or to enhance the social or political well-being of society?

A) Writ
B) Caucus
C) Subpoena
D) Arbitration
E) Policy
E
3
When scholars and scientists conduct studies to determine whether a law has achieved desired results, they are engaging in:

A) policy evaluation.
B) policy formulation.
C) policy adoption.
D) policy implementation.
E) policy identification.
A
4
Silas is ten years old. His mother is a homemaker, while his father is a door-to-door salesman. Their family income is not much. Silas is most likely to be covered by _____.

A) the Children's Health Insurance Program
B) TRICARE
C) CHAMPUS
D) the Family Wellness Scheme
E) Medicare
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5
Once Congress establishes a policy by enacting legislation, the immediate next action is taken by the:

A) legislative branch that enforces the new policy through its agencies.
B) executive branch that enforces the new policy through its agencies.
C) legislative branch that ensures the legislation is constitutional.
D) judicial branch that ensures the legislation is constitutional.
E) executive branch that evaluates the validity of the policy.
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6
Sixty-two-year-old William is a retired employee. He stays in a nursing home facility with other retired persons. The nursing home mostly caters to low-income people. William's medical expenses are most likely to be covered by _____.

A) CHIP
B) PeachCare
C) Medicaid
D) TRICARE
E) Medicare
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7
Which of the following statements is true of Medicaid?

A) Medicaid is restricted to covering the health-care insurance for Americans aged sixty-five years and over.
B) Medicaid does not pay for nursing home expenses.
C) Medicaid covers people with disabilities, irrespective of age or income.
D) Recent cost-containment measures have slowed the growth of Medicaid spending.
E) Medicaid is now the government's second-largest domestic spending program, after Social Security.
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8
The costs of Medicare are expected to rise over the next two decades as:

A) population growth outpaces the growth in the job market.
B) Obama's stimulus packages expire.
C) population growth outpaces gross domestic product growth.
D) people are brought into the health-care system under Obamacare.
E) millions of baby boomers retire.
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9
Identify a newly insured product under the 2014 farm bill.

A) Black pepper
B) Saffron
C) Mustard
D) Flax
E) Sushi rice
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10
Which of the following best describes domestic policy?

A) Public policy concerning matters of foreign affairs
B) Public policy concerning issues within a national unit
C) Policy that primarily focuses on families and households
D) Policy that encompasses scientific inventions and innovations
E) Policy that primarily concerns domestic workers, such as maids and caregivers
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11
Which of the following best describes the second part of the first stage of the policymaking process?

A) It involves getting an issue on the political agenda to be addressed by Congress.
B) It involves developing proposed legislation.
C) It requires a consensus on what policy should be adopted.
D) It entails the formulation and adoption of specific plans for achieving a particular goal.
E) It involves congressional hearings and expert studies.
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12
Which of the following processes comprises the processes of getting an issue on the political agenda; formulating, adopting, and implementing a policy with regard to the issue; and then evaluating the results of the policy?

A) The agenda setting process
B) The policymaking process
C) The policy formulation process
D) The politicization process
E) The issue identification process
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13
Identify a true statement about an entitlement program.

A) An entitlement program needs to be renewed every year only if Congress passes an annual funding measure.
B) Congress has direct control over how much an entitlement program will cost in any particular year.
C) It is impossible to estimate the costs of an entitlement program.
D) An entitlement program is invariably the same as a discretionary spending.
E) An entitlement program pays out benefits to persons who meet specified requirements.
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14
The second stage of the policymaking process involves the _____ of specific plans for achieving a particular goal.

A) formulation and adoption
B) identification and evaluation
C) evaluation and execution
D) identification and formulation
E) adoption and execution
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15
The final stage of policymaking involves:

A) evaluating the success of a policy.
B) implementing a policy.
C) getting an issue on the political agenda.
D) developing proposed legislation.
E) applying policy through local governments.
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16
Which of the following statements is true of Medicare?

A) Medicare pays for health-care services for low-income persons, irrespective of age.
B) Medicare is now the government's second-largest domestic spending program, after Social Security.
C) The Medicare program pays for nursing home expenses.
D) The costs of Medicare are expected to decline over the next two decades with the retirement of baby boomers.
E) Medicare is an example of federal discretionary spending.
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17
Steven is a cashier at a local retail store. He was recently diagnosed with diabetes and has begun treatment. His monthly income is low and is not enough to pay his medical bills. Steven's medical expenses are most likely to be covered by _____.

A) CHIP
B) PeachCare
C) TRICARE
D) Medicaid
E) Medicare
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18
Bradley is a seventy-year-old war veteran. He receives a hefty sum as pension from the government. Which of the following health-care insurance policies is he most likely to have?

A) Medi-Cal
B) BadgerCare
C) Medicaid
D) PeachCare
E) Medicare
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19
Gerald is a retired businessman. At the age of seventy-two years, he is diagnosed with throat cancer. His medical expenses are most likely to be covered by _____.

A) CHIP
B) TRICARE
C) Medicare
D) PeachCare
E) Medicaid
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20
Every bill that passes through Congress is an opportunity for individual members of Congress to:

A) veto the bill.
B) lobby the president.
C) help constituents.
D) set the national economic policy.
E) solicit money from interest groups.
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21
Jared works at a software firm. He is promoted to the post of senior engineer after three years of employment. Despite his promotion, he has to cut down on purchases as his cost of living has almost doubled within the same time perioD)This situation best represents _____.

A) inflation
B) a recession
C) deflation
D) disintermediation
E) deregulation
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22
Which of the following statements is true of energy sources in the United States?

A) U.S. oil production, which rose sharply after 1985, began to decline again in 2009.
B) Low natural gas prices plus new air-pollution regulations have made coal uncompetitive as a source of electricity.
C) The United States is not in favor of using nuclear energy as it releases greenhouse gases.
D) The Obama administration approved the construction of the Keystone XL pipeline along the U.S. Gulf Coast.
E) Imports of natural gas are cost-effective as natural gas can be transported by ship efficiently.
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23
Which of the following factors has helped make fracking a cost-effective process?

A) Increased number of deepwater-drilling projects
B) Prohibition of offshore drilling
C) Increased number of fuel-efficient vehicles
D) Decreased supplies of petroleum
E) High prices of oil and gas
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24
Observations collected by agencies such as the National Aeronautics and Space Administration suggest that during the last half century, average global temperatures:

A) did not greatly vary.
B) increased by about 0.85 degree Celsius.
C) decreased significantly by about 3.4 degree Celsius.
D) increased by about 1.2 degree Celsius.
E) decreased by about 0.03 degree Celsius.
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25
Congress was unable to fix certain parts of the Affordable Care Act (ACA) that did not work well because:

A) urban liberals did not vote in support of the legislation.
B) the executive branch and its agencies were uninterested in evaluating the legislation.
C) Congress was unable to identify the underlying problems of the ACA.
D) Republicans in Congress were interested only in repealing the legislation.
E) Democrats in Congress were interested only in proposing and adopting a new legislation.
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26
Most climatologists believe that the recent climate change is the result of human activities, especially the release of:

A) noble gases.
B) inert gases.
C) greenhouse gases.
D) dielectric gases.
E) insulating gases.
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27
The American Health Care Act (AHCA) differed from the Affordable Care Act (ACA) in that:

A) young people could remain covered by their parents' insurance until they turned twenty-six under the AHCA.
B) Republicans in Congress were interested in repealing the AHCA.
C) the AHCA was proposed by Democrats.
D) the AHCA was substantially less generous than the ACA.
E) the AHCA would phase out the expansion of Medicaid in those states that had adopted it.
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28
Which of the following is a renewable source of energy?

A) Nuclear fuel
B) Natural gas
C) Coal
D) Petroleum
E) Solar power
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29
Chad, a sales executive at Ochre Inc., was laid off after Ochre faced severe financial losses in the second and third quarters of 2014. The country witnessed an economic decline in the same year. As a result, Chad is now struggling to make ends meet with his limited savings. His debt has considerably increased, and he is finding it difficult to pay his household bills. This situation is an example of _____.

A) inflation
B) an appreciation period
C) a recession
D) disintermediation
E) a boom period
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30
_____ is usually defined as two or more quarters of economic decline.

A) Inflation
B) A recession
C) Expansion
D) An appreciation period
E) A boom period
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31
Identify a technique adopted by Congress to fund the Affordable Care Act (ACA) program it had developed in 2009.

A) An increased unemployment compensation rate
B) An increased Medicaid tax rate
C) A new tax on low-end health policies
D) A new tax on investments for Americans with a low income
E) An increased Medicare tax rate
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32
The Freedom Caucus opposed the passage of the initial version of the American Health Care Act (AHCA) in the House of Representatives because:

A) the AHCA proposed to abolish Medicare.
B) the AHCA proposed to decrease state contribution toward Medicaid.
C) the AHCA did not address issues of unemployment and inflation.
D) the Freedom Caucus thought that the AHCA was too generous.
E) the Freedom Caucus thought that the AHCA was too stingy.
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33
_____ refer to the sums a consumer is required to pay before insurance kicks in.

A) Quotas
B) Subsidies
C) Filibusters
D) Deductibles
E) Co-pays
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34
Identify a true statement about oil imports by the United States.

A) The United States is not excessively dependent on unfriendly nations for oil imports.
B) The United States does not import oil from its neighbors.
C) The United States has very friendly ties with all the countries from which it imports oil.
D) The United States does not have diversified sources for its imported oil.
E) The United States is not dependent on foreign countries for oil.
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35
Which of the following statements is true of fracking?

A) It has turned the United States into the number-one oil producer in the world as of 2014.
B) It greatly contributes to the release of greenhouse gases into the atmosphere.
C) It is a costly process owing to high prices of oil and gas.
D) It involves pumping a high-pressure mixture of iron and sulfur into oil-or gas-bearing underground rock.
E) It is commonly known as gas well dewatering.
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36
Identify a true statement about health-insurance coverage.

A) The national health-insurance plan that the United States has adopted excludes the private sector.
B) The United States is the only economically advanced nation that provides universal health-insurance coverage to its citizens.
C) The universal health-insurance plan proposed by President Bill Clinton during his first term did not become a law.
D) The national health-insurance plans are mainly concentrated in the world's economically backward nations.
E) The United States is the first nation that provided universal health-insurance coverage to its citizens.
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37
A gas that, when released into the atmosphere, traps the sun's heat and slows its release into outer space is known as a(n) _____.

A) noble gas
B) inert gas
C) greenhouse gas
D) dielectric gas
E) insulating gas
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38
Which of the following is a provision of the health-care bills passed by Congress and signed by President Obama?

A) Health-care policies could only be purchased through licensed insurance brokers.
B) Insurance could be purchased through online insurance exchanges solely run by the federal government.
C) Subsidies would be provided to citizens only if they are covered by an employer's plan.
D) Subsidies would be granted to small employers that obtain insurance plans for their employees.
E) Young people could remain covered by their parents' insurance until they turned eighteen.
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39
Co-pays are defined as _____.

A) the total amount of money that the national government owes as a result of borrowing
B) the binding annual budgets for government agencies that the agencies cannot exceed
C) the sums of money granted by the federal government to help businesses maintain low prices
D) the consumer ' s share of the cost of an office visit or medication
E) the sums a consumer would have to pay before insurance kicked in
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40
Which of the following statements is true of nuclear energy?

A) It releases greenhouse gases.
B) It is also known as hydropower.
C) It does not contribute to global warming.
D) It is a renewable source of energy.
E) It does not pose any threat.
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41
The government is most likely to raise money to pay its expenses:

A) through taxes levied on personal income.
B) by lending money at a fixed interest rate.
C) through imports.
D) by adhering to the easy-money policy.
E) by lowering interest rates.
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42
Attitudes toward climate change have become highly politicized .
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43
Identify a true statement about the tax system in the United States.

A) The Tax Reform Act of 1986 was intended to lower taxes and simplify the tax code and it did just that for most taxpayers.
B) A few years after the Tax Reform Act of 1986 was passed, large federal deficits forced Congress to cut spending.
C) Those affected by the Tax Reform Act of 1986 lobbied Congress to legislate special exceptions so that the full impact of the tax rate increase would be felt by the wealthiest Americans.
D) Tax cuts occurred under the administrations of both George H. W. Bush (1989-1993) and Bill Clinton (1993-2001).
E) The tax rate for the highest income bracket decreased from 39.6 percent in 1986 to 28 percent in 1993.
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44
The _____ sells IOUs on behalf of the U.S. government.

A) Department of Commerce
B) U.S. Treasury
C) Federal Reserve Board
D) U.S. Postal Service
E) U.S. Judiciary
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45
Public debt refers to the total value of all outstanding:

A) corporate borrowing.
B) local government borrowing alone.
C) federal government borrowing.
D) borrowing by the public.
E) borrowing by interest groups.
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46
The _____ is an independent regulatory agency that was established by Congress as the nation's central banking system in 1913.

A) Internal Revenue Service
B) Department of the Treasury
C) Federal Deposit Insurance Corporation
D) Congressional Budget Office
E) Federal Reserve System
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47
The centerpiece of the 2014 farm bill was the abolition of direct payments for certain crops.
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48
Monetary policy is under the control of:

A) the Bureau of the Fiscal Services.
B) the Committee on Ways and Means.
C) the Federal Reserve System.
D) the Internal Revenue Service.
E) the Department of the Treasury.
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49
Nuclear power greatly contributes to global warming because nuclear reactors release greenhouse gases.
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50
When the U.S. government spends more than it receives, it typically finances the shortfall by selling IOUs, commonly called _____.

A) entitlements
B) long-term loans
C) credit vouchers
D) treasuries
E) interest investments
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51
Which of the following actions is most likely to be taken by the Federal Reserve System in periods of recession and high unemployment?

A) Expanding the rate of growth of the money supply
B) Causing interest rates to rise
C) Inducing consumers to spend less and businesses to invest less
D) Pursuing a tight-money policy
E) Reducing the rate of growth in the amount of money in circulation
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52
Discretionary spending are not required to be explicitly renewed .
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53
Every time there is a federal government deficit, there is an increase in:

A) consumer spending.
B) business investments.
C) the value of the dollar.
D) the rate of growth of the money supply.
E) the total accumulated public debt.
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54
According to the principle underlying fiscal policy, during inflation, fiscal policy should:

A) stimulate economic activity by decreasing taxes.
B) curb economic activity by reducing government spending.
C) let the forces of supply and demand operate on their own.
D) expand the rate of growth of the money supply.
E) use the easy-money policy.
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55
The principle underlying fiscal policy states that when unemployment is rising and the economy is going into a recession, fiscal policy should:

A) stimulate economic activity by decreasing taxes.
B) curb economic activity by reducing government spending.
C) let the forces of supply and demand operate on their own.
D) employ a tight-money policy.
E) reduce the rate of growth in the amount of money in circulation.
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56
Until recently, support for Keynesianism was relatively bipartisan.
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57
The American income tax system is regressive.
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58
Years ago, when Congress imposed very high tax rates on high incomes, it provided for more loopholes in the federal tax system. These loopholes:

A) brought the profits earned by government employees under the nontaxable bracket.
B) enabled angel investors to invest directly in businesses.
C) enabled investors in oil and gas wells to increase their taxable income.
D) allowed interest groups to give soft money to political parties.
E) enabled many wealthy individuals to decrease their tax bills significantly.
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59
Which of the following statements is true of public debt?

A) Public debt is also known as fiscal debt.
B) The net public debt includes sums that the government owes to itself.
C) The Department of Commerce sells IOUs on behalf of the U.S. government.
D) The interest on treasuries is paid by federal taxes.
E) The net public debt does not include funds held by the Federal Reserve System.
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60
Which of the following actions is most likely to be taken by the Federal Reserve System in periods of rising inflation?

A) Pursuing an easy-money policy
B) Reducing interest rates
C) Signing trade embargos
D) Reducing the rate of growth in the amount of money in circulation
E) Expanding the rate of growth of the money supply
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61
The _________ is a joint federal-state program that provides health-care insurance for low-income children.

A) Children's Health Insurance Program
B) Family Social Security Plan
C) Children's Quota Scheme
D) Family Wellness Scheme
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62
Discuss Keynesian economics.
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63
Discuss the provisions of the Agricultural Act of 2014.
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64
_________ saw the Affordable Care Act as a "big government takeover" of health care and a threat to popular freedoms.

A) Liberals
B) Conservatives
C) Mercantilists
D) Symbolic interactionists
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65
Describe the two problems associated with U.S. health care.
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66
Importing natural gas would be costly because gas cannot be transported by ship efficiently unless it is converted to _________.

A) nuclear fuel
B) compressed natural gas
C) liquefied natural gas
D) hydroelectric energy
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67
Discuss the major controversies surrounding climate change. Explain how climate change has impacted U.S. politics.
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68
According to _________, a nation cannot automatically recover from a disaster such as the Great Depression.

A) Keynesian economics
B) the Tax Reform Act
C) Freudian psychoanalysis
D) the Federal Open Market Committee
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69
_________ involves changing the amount of money in circulation to affect interest rates, credit markets, the rate of inflation, the rate of economic growth, and the rate of unemployment.

A) Monetary policy
B) Fiscal policy
C) Zero interest-rate policy
D) Keynesian policy
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70
Advocates of the _________ believe that the government should tie the value of the dollar to commodities such as gold.

A) fiscal-union policy
B) hard-money policy
C) tight-money policy
D) easy-money policy
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71
The _________ was at the heart of much of the opposition by the Conservatives against the Affordable Care Act.

A) individual mandate
B) Clean Power Plan
C) Social Security program
D) fracking revolution
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72
Describe the characteristics of entitlement programs. How are entitlements different from discretionary spending?
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73
_________ is a renewable source of energy.

A) Nuclear fuel
B) Natural gas
C) Coal
D) Hydroelectric energy
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74
According to the _________, under the American Health Care Act (AHCA) 24 million people would eventually lose their insurance.

A) Congressional Budget Office
B) Office of Management and Budget
C) Federal Reserve System
D) Social Security Administration
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75
The 2014 farm bill included funds to combat a disease called _________ in Florida.

A) powdery mildew
B) apple scab
C) citrus greening
D) honey fungus
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