Chapter 18-19 Flashcards
The total federal debt is around ________ trillion.
9
When voting behavior and economic conditions correlate at the national but not at the individual level, it can be said that the voters are:
sociotropic or other-regarding.
Policies aimed at improving the economy as a whole are examples of:
majoritarian politics.
The authors suggest a major cause of the financial crash of 2008 was:
government.
n general, conservative economists tend to support:
monetarism and supply-side economics.
John Kenneth Galbraith urges, as a solution to inflation, that:
the government control prices and wages.
The executive agency in charge of economic forecasting and preparing the president’s annual economic report to Congress is the:
CEA.
The Federal Reserve Board implements its monetary policy by:
all of these choices.
Throughout its history the federal budget has typically:
concentrated on expenditures.
The Gramm-Rudman Act was passed by Congress to:
eliminate deficit spending.
Means tests are associated with the following types of welfare programs:
client based.
In America, we have insisted that ________ play(s) a large role in running welfare programs.
the states
The major alternative view to assisting those who “deserve” public assistance would be to provide social welfare on the basis of:
a fair share.
Before the passage of the Social Security Act, ________ states had some form of old-age pension.
most
Which of the following replaced the old AFDC?
Temporary Assistance for Needy Families
