Deck 16: Economic, Domestic, and Foreign Policy

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سؤال
A policy undergoing review in the policy evaluation stage requires which one of the following to take action ?

A) legislative branch
B) interest groups
C) executive branch
D) public
E) judicial branch
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سؤال
As Congress passes legislation which authorizes action to be taken to address a problem, it completes the fourth step of public policy-making known as  __________________.

A) policy evaluation
B) policy enactment
C) policy implementation
D) problem identification
E) policy formulation
سؤال
Which of the following defines the regulatory process?

A) Those guidelines issued by federal agencies for administering federal programs and implementing federal law
B) The policy designed to make sure that the working conditions are relatively equal in nations that trade with each other
C) The system of rules that  guides how a law is  implemented; also called the  rule-making process
D) The process by which policy ideas and programs initiated by one state spread to other states
E) The spending and taxation decisions made by government
سؤال
Any federal agency which issues guidelines concerning the administration and implementation of a federal law is engaged in the process of  _______.

A) identification
B) valuation
C) program review
D) regulation
E) mandates
سؤال
The policy-making process includes all of the following stages EXCEPT the policy _________ stage.

A) implementation
B) formulation
C) agenda
D) recrimination
E) enactment
سؤال
Which of the following is the definition of regulations?

A) guidelines issued by federal agencies for administering federal programs and implementing federal law.
B) the system of rules that guide how a law is implemented; also called the rule-making process.
C) the process by which bureaucracies initiate policy implementation.
D) the spending and taxation decisions made by government.
E) bureaucratic decisions designed to ensure tariffs are relatively equal in nations that trade with each other.
سؤال
Mandatory health care coverage for all citizens of Massachusetts has been shown to save the state money and improve the health and well-being of its residents. For this reason, the neighboring state of New Hampshire also adopted this model as its state health care program. This concept is termed  _______.

A) policy coercion
B) policy formulation
C) policy implementation
D) policy enactment
E) policy diffusion
سؤال
When the government recognizes that action is needed to improve control of guns on campus, it begins the policy-making process utilizing which step ?

A) policy enactment
B) problem identification
C) policy formulation
D) policy agenda
E) policy implementation
سؤال
The regular sequence of the policy-making process, beginning with policy agenda, is policy ___________.

A) implementation,  enactment, evaluation, formulation
B) implementation,  enactment,  formulation, evaluation
C) enactment,  implementation,  formulation, evaluation
D) formulation,  enactment,  implementation,  evaluation
E) evaluation, enactment,  implementation,  formulation
سؤال
When individuals with a stake in an issue affecting them begin to propose and develop solutions to a problem, they engage in  ___________.

A) problem identification
B) policy formulation
C) policy evaluation
D) policy enactment
E) policy implementation
سؤال
Rules governing implementation of a law requiring seat belts to be installed as mandatory equipment in any car are known as the  _______.

A) bureaucratic process
B) oversight process
C) implementation process
D) quasi-legislative process
E) regulatory process
سؤال
The fifth step in the policy-making process, in which the executive branch develops the rules that will put the policy into action, is called ______.

A) policy evaluation
B) policy implementation
C) problem identification
D) policy enactment
E) policy formulation
سؤال
In order for a public policy problem to be formulated into a proposal which could resolve the issue, the action of which stakeholder is required ?

A) the  legislative branch
B) interest groups
C) the executive branch
D) General Accounting Office (GAO)
E) Government Printing Office (GPO)
سؤال
The official published record of all executive branch rules, regulations, and orders which affect employee hiring practices may be found in the _______________.

A) Register of Federal Regulations (RFR)
B) Office of Information and Regulatory Affairs (OIRA)
C) Federal Register
D) Office of Management and Budget (OMB)
E) Office of the White House Counsel
سؤال
In t he final step of the policy-making process, known as ___________, the policy is reviewed for its effectiveness and efficiency; if changes are needed, the issue is placed back on the policy agenda, and the cycle starts again.

A) policy identification
B) policy evaluation
C) policy enactment
D) policy formulation
E) policy implementation
سؤال
Which of the following political actors would be primarily responsible for policy implementation in the policy-making process?

A) executive branch
B) judicial branch
C) legislative branch
D) interest groups
E) political parties
سؤال
The regulatory process occurs in which stage of the policy-making process?

A) evaluation
B) implementation
C) policy agenda
D) problem identification
E) enactment
سؤال
A policy which has been enacted into law requires action on the part of ____________ in order to authorize the government to take action.

A) interest groups
B) review committees
C) the legislative branch
D) the public
E) the judicial branch
سؤال
The government intends to change its immigration laws by permitting persons currently in the U.S. without proper documentation a way to obtain citizenship legally, a process known as  ___________.

A) democracy in action
B) pork barrel politics
C) policy intent
D) policy enactment
E) public policy
سؤال
Once the policy-making process has begun, the second step which includes identifying a problem and which has the attention of policy makers would be  _______.

A) policy formulation
B) policy implementation
C) policy enactment
D) policy agenda
E) problem identification
سؤال
If the Federal Reserve increases reserve requirements for member banking institutions, what should be the result?

A) I nterest rates decrease.
B) Interest rates remain stable.
C) T he money supply increases.
D) T he money supply remains stable.
E) T he money supply decreases.
سؤال
When the Federal Reserve decreases reserve requirements, what should be the result?

A) T he money supply decreases.
B) B anks have more money "in reserve."
C) T he money supply remains stable.
D) B anks have less money to lend.
E) B anks have more money to lend.
سؤال
Banks will have more money to lend, and thus the money supply increases, if the Federal Reserve Board takes what action?

A) i ncreases interest rates
B) decreases  the money supply
C) decreases reserve requirements
D) increases reserve requirements
E) lets interest rates remain stable
سؤال
The state of Maine argues that its forest conservation system is superior to that of Vermont's, pressuring Vermont to abandon its established system and increase its conservation costs. This concept is termed _______.

A) inevitable degradation
B) conceptualization
C) fair trade
D) a race to the bottom
E) shared governance
سؤال
Member banking institutions pay the Federal Reserve an interest rate on the loans they produce, a concept termed the ___________.

A) prime rate
B) discount rate
C) usury rate
D) fed rate
E) prevailing rate
سؤال
Regulating the amount of money in the economy and the cost of borrowing that money is the purpose of

A) monetary policy.
B) money policy.
C) federal policy.
D) fiscal policy.
E) economic policy.
سؤال
Contributing factors of the recession of 2007-2009 included all of the following EXCEPT ____________.

A) irresponsible lending by banks
B) excessive  borrowing by consumers
C) inflated housing prices
D) inflated technology stocks
E) widespread foreclosures
سؤال
Federal programs, such as Social Security, Medicare, or Medicaid, which pay out benefits to individuals based on a specified set of eligibility criteria, are called __________.

A) targeted programs
B) constituent programs
C) discretionary programs
D) public programs
E) entitlement programs
سؤال
To come to the United States with the intention of staying on a permanent basis, individuals can apply for all of the following types of documentation EXCEPT _________.

A) an employment  visa
B) a family relations visa
C) legal permanent residency
D) a general immigration visa
E) a class 24c visa
سؤال
The DREAM Act, which has been introduced to Congress but not passed into law, is an immigration policy that would do what?

A) Grant amnesty to all individuals who entered the country without authorization and wish to stay as legal residents
B) Grant amnesty to all individuals who entered the country without authorization and have been employed in the U.S. for at least five years
C) Provide an opportunity for unauthorized immigrants to become citizens but discourage future unauthorized immigration
D) Provide an opportunity for unauthorized immigrants to become citizens if members of their families are U.S. citizens
E) Allow children who entered the country without authorization to become citizens if they have been in the country for at least five years and graduated from an American high school
سؤال
The independent regulatory commission that affects the money supply by setting the reserve requirements of member banks, establishing a discount rate for loans to member banks, and buying or selling government securities is called the

A) Federal Reserve Board.
B) Group of 7.
C) Committee on Economic Affairs.
D) Council of Economic Advisors.
E) Federal Economic Policy Board.
سؤال
The name of the recent major health care law mandating that individuals have health insurance is _________.

A) Medicare Part D
B) Cover Americans Now Act (CAN)
C) the Healthy Americans Act
D) the Affordable Care Act
E) the Stand United Act
سؤال
The shared federal and state health insurance program for low-income persons is called _________.

A) Medicaid
B) Fedicare
C) Medicare
D) Social Security
E) FedStatecare
سؤال
Betty is elderly and relies upon which one of the following federal programs to provide her with health insurance benefits permitting her to be treated by a physician for her condition? As a worker, she contributed to this program by law out of her earnings.

A) the Aged Pension Program
B) Medicare
C) the Pension Protection Fund
D) Medicaid
E) Social Security
سؤال
A local tire manufacturing firm fails to properly maintain its system for reducing harmful, toxic gas emissions that are produced as a result of its processes. The federal agency responsible for administering, enforcing, and possibly assessing the company a fine for violating the standards established in the Clean Air Act is the  _________.

A) Environmental Protection Agency
B) Department of the Interior
C) Environmental Conservation Administration
D) Department of Health and Human Services
E) Clean Air Conservation Control Agency
سؤال
If the United States economy indicators measure successive quarters of lower economic output, this is known as a ____________.

A) depression.
B) downturn.
C) recession.
D) reservation.
E) reduction.
سؤال
Which of the following is responsible for fiscal policy creation ?

A) Congress, the president, and the Federal Reserve Board
B) the president only
C) Congress and the president
D) the F ederal Reserve Board only
E) Congress only
سؤال
Which entity of the federal bureaucracy,  in conjunction with state and local government,  is largely responsible for administering the major entitlement programs discussed in this chapter?

A) Department of Health and  Human Services (HHS)
B) Department of the Interior  (DI)
C) Department of Healthy Humans (HHS)
D) Department of Aging and Welfare  (DAW)
E) Department of Entitlement  Services (HES)
سؤال
The federal pension program that makes a monthly payment to retired elderly workers and disabled persons is called ________.

A) Medicare
B) Medicaid
C) the Aged Pension Program
D) Social Security
E) the Pension Protection Fund
سؤال
What is the name of the law that expanded the federal government's ability to monitor and protect the environment against pollution?

A) Clean Environment Act
B) Superfund Act
C) Anti-pollution Act
D) Clean Air Act
E) Clean Water Act
سؤال
The European Union is

A) a group of countries in Europe and North America that have come together in a defensive military alliance.
B) a group of three countries that have signed on to the NAFTA accords.
C) an association of European nations formed in order to facilitate economic and political interactions across their borders.
D) a group of countries that have agreed to bring their economic complaints to a common judicial forum.
E) a group of nonaligned countries that seek protection from trade sanctions by other countries  in international politics.
سؤال
The concept applying to two or more nations that engage in an exchange of goods is ___________.

A) intrastate trade
B) intrastate commerce
C) cross-border trade
D) international trade
E) interstate commerce
سؤال
Creation of a government policy which ensures that relatively equal working conditions exist in nations that exchange goods is the benchmark of _____________.

A) protectionism
B) fair trade
C) market-driven trade
D) free trade
E) open trade
سؤال
The Nuclear Non-Proliferation Treaty between the 190 member nations of the United Nations uses an entity to monitor and inspect nations' weapons capabilities, known as the ____________.

A) World Trade Organization (WTO)
B) European Union (EU)
C) North Atlantic Treaty Organization (NATO)
D) Nuclear Regulatory Commission
E) Atomic Energy Commission
سؤال
A system which changes a bipolar system with only the United States and Russia in charge of global control in favor of a multipolar system means that there is a new....

A) world system established where there are distinct centers of political and military power.
B) world  system established with  distinct centers of military  power, but individual centers of political power.
C) world  system established where there are purposely no  centers of either political or  military power.
D) world  system established with  distinct centers of political  power, but individual centers of military power.
E) world  system established where there is only one  distinct center of political and  military power.
سؤال
If the overall American trade imbalance is large, which of the following must be happening?

A) American consumers are buying far fewer goods made in other countries than consumers from other countries are buying goods made in the United States.
B) American consumers are buying far more goods made in other countries than consumers from other countries are buying goods made in the United States.
C) The United States is continually increasing the value of goods it exports to other countries.
D) The United States is importing goods from countries in one area of the world at much higher rate than from other areas of the world.
E) None of these.
سؤال
The point at which nations around the world experience high levels of interconnectedness in the economic, political, cultural, social, and military realms means that those nations have achieved ______________.

A) capitalization
B) localization
C) webbing
D) globalization
E) market saturation
سؤال
Which entity in the United States is responsible for non-military foreign policy methods, such as improving living conditions inside a country?

A) World Bank
B) Department of State
C) U.S. Commission on Global Humanitarianism
D) Central Governing Consortium
E) Peace Corps
سؤال
The U.S. government-funded organization that sends individuals on educational and cultural missions around the world is the __________.

A) United Nations
B) AmeriCorps
C) International Corps
D) Jobs Corps
E) Peace Corps
سؤال
Actions taken by the government to reduce import barriers in order to encourage more companies to exchange goods between countries result in the policy of ____________.

A) open trade.
B) fair trade.
C) market-driven trade.
D) protectionism.
E) free trade.
سؤال
It is reported that America has had a large trade imbalance with the country of China over the past year. Such a situation results from which of the following?

A) American consumers are buying  far more goods made in the United States than Chinese  consumers are buying goods made  in China.
B) American consumers are buying  far more goods made in China than Chinese  consumers are buying goods made  in the United States.
C) American consumers are buying  far fewer goods made in China than they  are buying goods made  in the United States.
D) American consumers are buying  far fewer goods made in China than Chinese  consumers are buying goods made  in the United States.
E) Chinese consumers are buying  far more goods made in China than American  consumers are buying goods made  in the United States.
سؤال
The U.S. takes action to prevent an influx of new vehicles manufactured in China by Chinese corporations from being imported and entering the marketplace, which will reduce competition for U.S. auto manufacturers. This policy purposely raises import barriers to prevent unfair trade practices and is termed ____________.

A) free and fair trade
B) market-driven trade
C) protectionism
D) open trade
E) bilateral trade
سؤال
If the United States wished to provide American consumers the opportunity to purchase the least expensive products while shopping, which of the following policy approaches would be the most likely to achieve this goal?

A) fair trade
B) protectionist
C) restrictive
D) open trade
E) free trade
سؤال
The international organization that distributes grants and low-income loans in developing countries is the __________.

A) World Trade Organization
B) European Union
C) World Bank
D) United Nations
E) International Monetary Fund
سؤال
Individuals or groups that do not represent any specific national government and may take action across borders are known as __________.

A) ex-officio actors
B) formal out-of-state actors
C) political actors
D) informal actors
E) nonstate actors
سؤال
If China were to impose a trading ban on a product that comes from the United States, and the U.S. wanted to appeal this decision believing it was an unfair trading practice, who would resolve the issue?

A) the World Court
B) the World Bank
C) the North Atlantic Treaty Organization (NATO)
D) the World Trade Organization
E) the United Nations
سؤال
The proper term referencing a congressionally-authorized limitation on any additional borrowing by the federal government when expenditures have reached the maximum allowable limit is the ______________.

A) federal spending embargo
B) debt ceiling
C) cap ceiling
D) debt floor
E) federal budget restriction
سؤال
The international organization that works to stabilize currency values and government debt for nations in economic difficulty is the __________.

A) United Nations
B) European Union
C) World Trade Organization
D) World Bank
E) International Monetary Fund
سؤال
The North American Free Trade Agreement (NAFTA), is a comprehensive multi-nation trade agreement ratified in 1994 that attempted to eliminate trade barriers among which set of countries?

A) Canada, the  United States, and Greenland
B) Canada, the  United States, and Colombia
C) the  United States, Mexico, and Colombia
D) the  United States, Mexico, and Venezuela
E) Canada, the  United States, and Mexico
سؤال
When ownership and control of most elements in a society are subject to state restrictions where no individual ownership of large amounts of property or wealth is permitted, this concept is a key principle of which system?

A) Liberalism
B) Democracy
C) Anarchism
D) Socialism
E) Communism
سؤال
Compare and contrast any two stages of the policy-making process. Provide definitions and describe the purpose of the stages you choose.
سؤال
Describe the purpose and function of the United Nations.
سؤال
Outline and describe each step in the policy-making process, utilizing a policy example.
سؤال
Describe the situation creating a negative trade imbalance.
سؤال
Define the characteristics necessary to identify an economic recession.
سؤال
Describe the specific requirements for immigrants to secure legal immigration status.
سؤال
What is the Clean Air Act? What is its purpose?
سؤال
Outline and describe each step in the regulatory process, utilizing a policy example.
سؤال
Identify what is meant by "globalization" and provide an example.
سؤال
What is monetary policy and how does it compare to economic policy? What are the goals of the Federal Reserve Board, and what tools does it use to achieve them?
سؤال
What does NAFTA stand for, who signed it, and what does it create?
سؤال
Provide a brief overview of the history and purpose of the Peace Corps.
سؤال
What is meant or implied by the phrase, "The race to the bottom," in regards to state governments and domestic policy?
سؤال
Define "public policy" and provide a brief example.
سؤال
Describe the two largest federal entitlement programs, their purpose, and eligibility requirements.
سؤال
Identify two key differences between Medicare and Medicaid.
سؤال
What is the Affordable Care Act? What is its purpose, and how does it work?
سؤال
Define the rally-around-the-flag-effect. Provide an example of when this effect occurred.
سؤال
Compare and contrast a bipolar world with a multipolar world.
سؤال
What is the role of the Environmental Protection Agency in administering the Clean Air Act? Discuss the Clean Air Act and the EPA's role in climate change .
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Deck 16: Economic, Domestic, and Foreign Policy
1
A policy undergoing review in the policy evaluation stage requires which one of the following to take action ?

A) legislative branch
B) interest groups
C) executive branch
D) public
E) judicial branch
A
2
As Congress passes legislation which authorizes action to be taken to address a problem, it completes the fourth step of public policy-making known as  __________________.

A) policy evaluation
B) policy enactment
C) policy implementation
D) problem identification
E) policy formulation
B
3
Which of the following defines the regulatory process?

A) Those guidelines issued by federal agencies for administering federal programs and implementing federal law
B) The policy designed to make sure that the working conditions are relatively equal in nations that trade with each other
C) The system of rules that  guides how a law is  implemented; also called the  rule-making process
D) The process by which policy ideas and programs initiated by one state spread to other states
E) The spending and taxation decisions made by government
C
4
Any federal agency which issues guidelines concerning the administration and implementation of a federal law is engaged in the process of  _______.

A) identification
B) valuation
C) program review
D) regulation
E) mandates
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5
The policy-making process includes all of the following stages EXCEPT the policy _________ stage.

A) implementation
B) formulation
C) agenda
D) recrimination
E) enactment
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6
Which of the following is the definition of regulations?

A) guidelines issued by federal agencies for administering federal programs and implementing federal law.
B) the system of rules that guide how a law is implemented; also called the rule-making process.
C) the process by which bureaucracies initiate policy implementation.
D) the spending and taxation decisions made by government.
E) bureaucratic decisions designed to ensure tariffs are relatively equal in nations that trade with each other.
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7
Mandatory health care coverage for all citizens of Massachusetts has been shown to save the state money and improve the health and well-being of its residents. For this reason, the neighboring state of New Hampshire also adopted this model as its state health care program. This concept is termed  _______.

A) policy coercion
B) policy formulation
C) policy implementation
D) policy enactment
E) policy diffusion
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8
When the government recognizes that action is needed to improve control of guns on campus, it begins the policy-making process utilizing which step ?

A) policy enactment
B) problem identification
C) policy formulation
D) policy agenda
E) policy implementation
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9
The regular sequence of the policy-making process, beginning with policy agenda, is policy ___________.

A) implementation,  enactment, evaluation, formulation
B) implementation,  enactment,  formulation, evaluation
C) enactment,  implementation,  formulation, evaluation
D) formulation,  enactment,  implementation,  evaluation
E) evaluation, enactment,  implementation,  formulation
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10
When individuals with a stake in an issue affecting them begin to propose and develop solutions to a problem, they engage in  ___________.

A) problem identification
B) policy formulation
C) policy evaluation
D) policy enactment
E) policy implementation
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11
Rules governing implementation of a law requiring seat belts to be installed as mandatory equipment in any car are known as the  _______.

A) bureaucratic process
B) oversight process
C) implementation process
D) quasi-legislative process
E) regulatory process
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12
The fifth step in the policy-making process, in which the executive branch develops the rules that will put the policy into action, is called ______.

A) policy evaluation
B) policy implementation
C) problem identification
D) policy enactment
E) policy formulation
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13
In order for a public policy problem to be formulated into a proposal which could resolve the issue, the action of which stakeholder is required ?

A) the  legislative branch
B) interest groups
C) the executive branch
D) General Accounting Office (GAO)
E) Government Printing Office (GPO)
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14
The official published record of all executive branch rules, regulations, and orders which affect employee hiring practices may be found in the _______________.

A) Register of Federal Regulations (RFR)
B) Office of Information and Regulatory Affairs (OIRA)
C) Federal Register
D) Office of Management and Budget (OMB)
E) Office of the White House Counsel
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15
In t he final step of the policy-making process, known as ___________, the policy is reviewed for its effectiveness and efficiency; if changes are needed, the issue is placed back on the policy agenda, and the cycle starts again.

A) policy identification
B) policy evaluation
C) policy enactment
D) policy formulation
E) policy implementation
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16
Which of the following political actors would be primarily responsible for policy implementation in the policy-making process?

A) executive branch
B) judicial branch
C) legislative branch
D) interest groups
E) political parties
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17
The regulatory process occurs in which stage of the policy-making process?

A) evaluation
B) implementation
C) policy agenda
D) problem identification
E) enactment
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18
A policy which has been enacted into law requires action on the part of ____________ in order to authorize the government to take action.

A) interest groups
B) review committees
C) the legislative branch
D) the public
E) the judicial branch
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19
The government intends to change its immigration laws by permitting persons currently in the U.S. without proper documentation a way to obtain citizenship legally, a process known as  ___________.

A) democracy in action
B) pork barrel politics
C) policy intent
D) policy enactment
E) public policy
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20
Once the policy-making process has begun, the second step which includes identifying a problem and which has the attention of policy makers would be  _______.

A) policy formulation
B) policy implementation
C) policy enactment
D) policy agenda
E) problem identification
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21
If the Federal Reserve increases reserve requirements for member banking institutions, what should be the result?

A) I nterest rates decrease.
B) Interest rates remain stable.
C) T he money supply increases.
D) T he money supply remains stable.
E) T he money supply decreases.
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22
When the Federal Reserve decreases reserve requirements, what should be the result?

A) T he money supply decreases.
B) B anks have more money "in reserve."
C) T he money supply remains stable.
D) B anks have less money to lend.
E) B anks have more money to lend.
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23
Banks will have more money to lend, and thus the money supply increases, if the Federal Reserve Board takes what action?

A) i ncreases interest rates
B) decreases  the money supply
C) decreases reserve requirements
D) increases reserve requirements
E) lets interest rates remain stable
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24
The state of Maine argues that its forest conservation system is superior to that of Vermont's, pressuring Vermont to abandon its established system and increase its conservation costs. This concept is termed _______.

A) inevitable degradation
B) conceptualization
C) fair trade
D) a race to the bottom
E) shared governance
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25
Member banking institutions pay the Federal Reserve an interest rate on the loans they produce, a concept termed the ___________.

A) prime rate
B) discount rate
C) usury rate
D) fed rate
E) prevailing rate
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26
Regulating the amount of money in the economy and the cost of borrowing that money is the purpose of

A) monetary policy.
B) money policy.
C) federal policy.
D) fiscal policy.
E) economic policy.
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27
Contributing factors of the recession of 2007-2009 included all of the following EXCEPT ____________.

A) irresponsible lending by banks
B) excessive  borrowing by consumers
C) inflated housing prices
D) inflated technology stocks
E) widespread foreclosures
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28
Federal programs, such as Social Security, Medicare, or Medicaid, which pay out benefits to individuals based on a specified set of eligibility criteria, are called __________.

A) targeted programs
B) constituent programs
C) discretionary programs
D) public programs
E) entitlement programs
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29
To come to the United States with the intention of staying on a permanent basis, individuals can apply for all of the following types of documentation EXCEPT _________.

A) an employment  visa
B) a family relations visa
C) legal permanent residency
D) a general immigration visa
E) a class 24c visa
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30
The DREAM Act, which has been introduced to Congress but not passed into law, is an immigration policy that would do what?

A) Grant amnesty to all individuals who entered the country without authorization and wish to stay as legal residents
B) Grant amnesty to all individuals who entered the country without authorization and have been employed in the U.S. for at least five years
C) Provide an opportunity for unauthorized immigrants to become citizens but discourage future unauthorized immigration
D) Provide an opportunity for unauthorized immigrants to become citizens if members of their families are U.S. citizens
E) Allow children who entered the country without authorization to become citizens if they have been in the country for at least five years and graduated from an American high school
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31
The independent regulatory commission that affects the money supply by setting the reserve requirements of member banks, establishing a discount rate for loans to member banks, and buying or selling government securities is called the

A) Federal Reserve Board.
B) Group of 7.
C) Committee on Economic Affairs.
D) Council of Economic Advisors.
E) Federal Economic Policy Board.
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32
The name of the recent major health care law mandating that individuals have health insurance is _________.

A) Medicare Part D
B) Cover Americans Now Act (CAN)
C) the Healthy Americans Act
D) the Affordable Care Act
E) the Stand United Act
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33
The shared federal and state health insurance program for low-income persons is called _________.

A) Medicaid
B) Fedicare
C) Medicare
D) Social Security
E) FedStatecare
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34
Betty is elderly and relies upon which one of the following federal programs to provide her with health insurance benefits permitting her to be treated by a physician for her condition? As a worker, she contributed to this program by law out of her earnings.

A) the Aged Pension Program
B) Medicare
C) the Pension Protection Fund
D) Medicaid
E) Social Security
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35
A local tire manufacturing firm fails to properly maintain its system for reducing harmful, toxic gas emissions that are produced as a result of its processes. The federal agency responsible for administering, enforcing, and possibly assessing the company a fine for violating the standards established in the Clean Air Act is the  _________.

A) Environmental Protection Agency
B) Department of the Interior
C) Environmental Conservation Administration
D) Department of Health and Human Services
E) Clean Air Conservation Control Agency
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36
If the United States economy indicators measure successive quarters of lower economic output, this is known as a ____________.

A) depression.
B) downturn.
C) recession.
D) reservation.
E) reduction.
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37
Which of the following is responsible for fiscal policy creation ?

A) Congress, the president, and the Federal Reserve Board
B) the president only
C) Congress and the president
D) the F ederal Reserve Board only
E) Congress only
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38
Which entity of the federal bureaucracy,  in conjunction with state and local government,  is largely responsible for administering the major entitlement programs discussed in this chapter?

A) Department of Health and  Human Services (HHS)
B) Department of the Interior  (DI)
C) Department of Healthy Humans (HHS)
D) Department of Aging and Welfare  (DAW)
E) Department of Entitlement  Services (HES)
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39
The federal pension program that makes a monthly payment to retired elderly workers and disabled persons is called ________.

A) Medicare
B) Medicaid
C) the Aged Pension Program
D) Social Security
E) the Pension Protection Fund
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40
What is the name of the law that expanded the federal government's ability to monitor and protect the environment against pollution?

A) Clean Environment Act
B) Superfund Act
C) Anti-pollution Act
D) Clean Air Act
E) Clean Water Act
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41
The European Union is

A) a group of countries in Europe and North America that have come together in a defensive military alliance.
B) a group of three countries that have signed on to the NAFTA accords.
C) an association of European nations formed in order to facilitate economic and political interactions across their borders.
D) a group of countries that have agreed to bring their economic complaints to a common judicial forum.
E) a group of nonaligned countries that seek protection from trade sanctions by other countries  in international politics.
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42
The concept applying to two or more nations that engage in an exchange of goods is ___________.

A) intrastate trade
B) intrastate commerce
C) cross-border trade
D) international trade
E) interstate commerce
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43
Creation of a government policy which ensures that relatively equal working conditions exist in nations that exchange goods is the benchmark of _____________.

A) protectionism
B) fair trade
C) market-driven trade
D) free trade
E) open trade
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44
The Nuclear Non-Proliferation Treaty between the 190 member nations of the United Nations uses an entity to monitor and inspect nations' weapons capabilities, known as the ____________.

A) World Trade Organization (WTO)
B) European Union (EU)
C) North Atlantic Treaty Organization (NATO)
D) Nuclear Regulatory Commission
E) Atomic Energy Commission
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45
A system which changes a bipolar system with only the United States and Russia in charge of global control in favor of a multipolar system means that there is a new....

A) world system established where there are distinct centers of political and military power.
B) world  system established with  distinct centers of military  power, but individual centers of political power.
C) world  system established where there are purposely no  centers of either political or  military power.
D) world  system established with  distinct centers of political  power, but individual centers of military power.
E) world  system established where there is only one  distinct center of political and  military power.
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46
If the overall American trade imbalance is large, which of the following must be happening?

A) American consumers are buying far fewer goods made in other countries than consumers from other countries are buying goods made in the United States.
B) American consumers are buying far more goods made in other countries than consumers from other countries are buying goods made in the United States.
C) The United States is continually increasing the value of goods it exports to other countries.
D) The United States is importing goods from countries in one area of the world at much higher rate than from other areas of the world.
E) None of these.
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47
The point at which nations around the world experience high levels of interconnectedness in the economic, political, cultural, social, and military realms means that those nations have achieved ______________.

A) capitalization
B) localization
C) webbing
D) globalization
E) market saturation
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48
Which entity in the United States is responsible for non-military foreign policy methods, such as improving living conditions inside a country?

A) World Bank
B) Department of State
C) U.S. Commission on Global Humanitarianism
D) Central Governing Consortium
E) Peace Corps
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49
The U.S. government-funded organization that sends individuals on educational and cultural missions around the world is the __________.

A) United Nations
B) AmeriCorps
C) International Corps
D) Jobs Corps
E) Peace Corps
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50
Actions taken by the government to reduce import barriers in order to encourage more companies to exchange goods between countries result in the policy of ____________.

A) open trade.
B) fair trade.
C) market-driven trade.
D) protectionism.
E) free trade.
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51
It is reported that America has had a large trade imbalance with the country of China over the past year. Such a situation results from which of the following?

A) American consumers are buying  far more goods made in the United States than Chinese  consumers are buying goods made  in China.
B) American consumers are buying  far more goods made in China than Chinese  consumers are buying goods made  in the United States.
C) American consumers are buying  far fewer goods made in China than they  are buying goods made  in the United States.
D) American consumers are buying  far fewer goods made in China than Chinese  consumers are buying goods made  in the United States.
E) Chinese consumers are buying  far more goods made in China than American  consumers are buying goods made  in the United States.
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52
The U.S. takes action to prevent an influx of new vehicles manufactured in China by Chinese corporations from being imported and entering the marketplace, which will reduce competition for U.S. auto manufacturers. This policy purposely raises import barriers to prevent unfair trade practices and is termed ____________.

A) free and fair trade
B) market-driven trade
C) protectionism
D) open trade
E) bilateral trade
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53
If the United States wished to provide American consumers the opportunity to purchase the least expensive products while shopping, which of the following policy approaches would be the most likely to achieve this goal?

A) fair trade
B) protectionist
C) restrictive
D) open trade
E) free trade
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54
The international organization that distributes grants and low-income loans in developing countries is the __________.

A) World Trade Organization
B) European Union
C) World Bank
D) United Nations
E) International Monetary Fund
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55
Individuals or groups that do not represent any specific national government and may take action across borders are known as __________.

A) ex-officio actors
B) formal out-of-state actors
C) political actors
D) informal actors
E) nonstate actors
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56
If China were to impose a trading ban on a product that comes from the United States, and the U.S. wanted to appeal this decision believing it was an unfair trading practice, who would resolve the issue?

A) the World Court
B) the World Bank
C) the North Atlantic Treaty Organization (NATO)
D) the World Trade Organization
E) the United Nations
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57
The proper term referencing a congressionally-authorized limitation on any additional borrowing by the federal government when expenditures have reached the maximum allowable limit is the ______________.

A) federal spending embargo
B) debt ceiling
C) cap ceiling
D) debt floor
E) federal budget restriction
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58
The international organization that works to stabilize currency values and government debt for nations in economic difficulty is the __________.

A) United Nations
B) European Union
C) World Trade Organization
D) World Bank
E) International Monetary Fund
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59
The North American Free Trade Agreement (NAFTA), is a comprehensive multi-nation trade agreement ratified in 1994 that attempted to eliminate trade barriers among which set of countries?

A) Canada, the  United States, and Greenland
B) Canada, the  United States, and Colombia
C) the  United States, Mexico, and Colombia
D) the  United States, Mexico, and Venezuela
E) Canada, the  United States, and Mexico
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60
When ownership and control of most elements in a society are subject to state restrictions where no individual ownership of large amounts of property or wealth is permitted, this concept is a key principle of which system?

A) Liberalism
B) Democracy
C) Anarchism
D) Socialism
E) Communism
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61
Compare and contrast any two stages of the policy-making process. Provide definitions and describe the purpose of the stages you choose.
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62
Describe the purpose and function of the United Nations.
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63
Outline and describe each step in the policy-making process, utilizing a policy example.
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64
Describe the situation creating a negative trade imbalance.
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65
Define the characteristics necessary to identify an economic recession.
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66
Describe the specific requirements for immigrants to secure legal immigration status.
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67
What is the Clean Air Act? What is its purpose?
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68
Outline and describe each step in the regulatory process, utilizing a policy example.
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69
Identify what is meant by "globalization" and provide an example.
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70
What is monetary policy and how does it compare to economic policy? What are the goals of the Federal Reserve Board, and what tools does it use to achieve them?
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71
What does NAFTA stand for, who signed it, and what does it create?
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72
Provide a brief overview of the history and purpose of the Peace Corps.
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73
What is meant or implied by the phrase, "The race to the bottom," in regards to state governments and domestic policy?
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74
Define "public policy" and provide a brief example.
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75
Describe the two largest federal entitlement programs, their purpose, and eligibility requirements.
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76
Identify two key differences between Medicare and Medicaid.
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77
What is the Affordable Care Act? What is its purpose, and how does it work?
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78
Define the rally-around-the-flag-effect. Provide an example of when this effect occurred.
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79
Compare and contrast a bipolar world with a multipolar world.
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80
What is the role of the Environmental Protection Agency in administering the Clean Air Act? Discuss the Clean Air Act and the EPA's role in climate change .
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