Chapter 7 Flashcards

1
Q

Social security tax is an example of a…

A

Regressive tax

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2
Q

Financing a new dam is an example of…

A

Discretionary spending

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3
Q

Peace Corps is an example of a…

A

Independent executive agency

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4
Q

The Tennessee Valley Authority (TVA) is an example of a…

A

Government corporation

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5
Q

The power to decide disputes over regulations

A

Quasi-judicial power

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6
Q

A federal income tax is a…

A

Progressive tax

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7
Q

Raising taxes to fight inflation

A

Fiscal policy

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8
Q

Power to adopt regulations with the force of law

A

Quasi-legislative power

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9
Q

Financing of Social Security is an example of…

A

Mandatory spending

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10
Q

Work organization featuring division of labor, and formal rules/ structure

A

Bureaucracy

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11
Q

Government agencies that operate separately from executive departments

A

Independent agencies

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12
Q

Practice of giving government jobs as rewards to public supporters

A

Spoils system

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13
Q

Members from both major political parties is called… (Washington Farewell Address)

A

Bipartisan

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14
Q

Cumulative sum of money that the government has borrow & not repaid

A

Federal debt

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15
Q

Agency within the Department of Transportation

A

Federal Highway Administration

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16
Q

Agency within the Department of Health

A

CDC

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17
Q

People hired on the merit system to work for the federal government

A

Civil service

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18
Q

Executive Department et with the largest budget

A

Department of Defense

19
Q

Gap that occurs when annual expenses annual revenue

20
Q

What happens to the federal bureaucracy when a new president takes office?

A

Top officials are replaced

21
Q

How are members of the civil service chosen?

A

Through a competitive process

22
Q

Spoils system=

A

Supporter of the president gets a job in the federal government

23
Q

Problem with the spoils system

A

Leads to corruption & inefficiency

24
Q

What event led to the Pendleton Civil Service Act?

A

Assassination of President Garfield

25
Who deals with problems within the civil service workplace?
Federal Labor Relations Authority
26
What proportion of federal jobs are protected by the civil service regulations?
90%
27
First three executive departments to be created:
State, Treasury, & War
28
What do executive departments do? (US Mint, TTB, IRS)
Division of Labor
29
Independent agencies are...
Under the control of the president or under any department
30
Independent regulatory commissions have...
Quasi legislative & judicial power, a bipartisan board, and staggered terms
31
Raising interest rates to fight inflation
Monetary policy
32
A government corporation is...
Under presidential control and performs functions that the private sector cannot
33
Independent regulatory commissions do what?
Regulate important activities in the nation's economy and have the power of law
34
Why are regulatory agencies so powerful?
Independent from the executive branch and makes their own rules
35
Independent executive agencies are appointed by the
President with the consent of the Senate
36
Tax that applies higher tax rate to the wealthy
Progressive tax
37
Tax that only collects from people with a certain income
Regressive tax
38
What happens when the government sells a bond?
It borrows money
39
Who controls the federal monetary policy?
The Federal Reserve
40
What government corporation operates passenger railroads?
NRPC
41
Current federal debt:
$19.9 trillion
42
Current federal deficit:
$3 trillion
43
Federal governments 4 biggest expenditures:
Social Security, Medicare/Mediacid, Defense, & Income Security
44
Three largest sources of revenue:
Income tax, corporation tax, social insurance tax