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

A

Deficit

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
Q

Who deals with problems within the civil service workplace?

A

Federal Labor Relations Authority

26
Q

What proportion of federal jobs are protected by the civil service regulations?

A

90%

27
Q

First three executive departments to be created:

A

State, Treasury, & War

28
Q

What do executive departments do? (US Mint, TTB, IRS)

A

Division of Labor

29
Q

Independent agencies are…

A

Under the control of the president or under any department

30
Q

Independent regulatory commissions have…

A

Quasi legislative & judicial power, a bipartisan board, and staggered terms

31
Q

Raising interest rates to fight inflation

A

Monetary policy

32
Q

A government corporation is…

A

Under presidential control and performs functions that the private sector cannot

33
Q

Independent regulatory commissions do what?

A

Regulate important activities in the nation’s economy and have the power of law

34
Q

Why are regulatory agencies so powerful?

A

Independent from the executive branch and makes their own rules

35
Q

Independent executive agencies are appointed by the

A

President with the consent of the Senate

36
Q

Tax that applies higher tax rate to the wealthy

A

Progressive tax

37
Q

Tax that only collects from people with a certain income

A

Regressive tax

38
Q

What happens when the government sells a bond?

A

It borrows money

39
Q

Who controls the federal monetary policy?

A

The Federal Reserve

40
Q

What government corporation operates passenger railroads?

A

NRPC

41
Q

Current federal debt:

A

$19.9 trillion

42
Q

Current federal deficit:

A

$3 trillion

43
Q

Federal governments 4 biggest expenditures:

A

Social Security, Medicare/Mediacid, Defense, & Income Security

44
Q

Three largest sources of revenue:

A

Income tax, corporation tax, social insurance tax