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Final!! Flashcards

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1
Q

The economic theory that advocates the use of fiscal policy to create and maintain a healthy economy is called_____

A

Keynesian economics

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2
Q

Which of the following is NOT included in the mandatory spending category of the national government?

A. Debt payments
B. Defense
C. Medicare
D. Social Security

A

B. Defense

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3
Q

The officials that approve fiscal policy are___

A

Congress and the president

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4
Q

The officials that approve monetary policy are ____

A

The Fed (on its own)

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5
Q

The policy that decreases the costs of bringing products to markets throughout the world by lowering or eliminating tariffs and deregulating is_____

A

Free trade policy

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6
Q

The policy in which the national government engages to protect consumers, workers, and the environment from the harm of marketplace competition is

A

Social regulation

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7
Q

The collection of national tax policies and spending policies is referred to as____

A

Fiscal policy

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8
Q

The largest revenue source for the national government is ____

A

Individual income taxes

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9
Q

During what presidents administrations did the national government first adopt Keynesian economic principles to create and maintain a healthy national economy?

A

Franklin D Roosevelt

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10
Q

During what presidential administration did battles among the president, the House, and the senate lead to sequestration, a partial 16-day government shutdown, and the brink of a debt default?

A

Barack Obama

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11
Q

When it spends more money than it collects in taxes, the government is engaging in ______

A

Deficit spending

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12
Q

_______ refers to the rising prices of consumer goods, which means the value of the dollar has decreased.

A

Inflation

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13
Q

The date on which the national 2015 fiscal year (FY 2015) began is _____

A

October 1, 2014

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14
Q

The _______ is an international, nongovernmental organization that advocates for free trade policy, monitors adherence to international trade rules, and resolves charges of trade rule violation raised by its member countries.

A

Works Trade Organization

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15
Q

_____ is automatic spending cuts that occur when other legislated spending or revenue requirements are not accomplished by a legislated deadline

A

Sequestration

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16
Q

The largest national cash transfer program, which is also the most expensive domestic superfunction is______

A

Old-Age and Survivors insurance (OASI)

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17
Q

Whose brainchild was Earth Day, which is considered the birth of the US environmental movement?

A

Gaylord Nelson

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18
Q

Pull grants and financial support to farmers for growing or limiting the growth of crops are two examples of the policy tool of _____

A

Direct subsidy

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19
Q

All of the following safety net programs were created during president Franklin D Roosevelts administrations except:

A

Medicaid

20
Q

Whose refusal to sell oil to the United States in 1973 was a catalyst for the development of US energy policy?

A

OPEC

21
Q

Which income security program is the newest, established in 1975?

A

EITC

22
Q

The disaster that prompted the national govt to est the Department of Homeland Security is______

A

Terrorist attacks on 9/11

23
Q

The largest category of immigrants to the US consists of:

A

Authorized immigrants seeking family reunification

24
Q

What is the newest health care policy, enacted into law in 2010?

A

ACA

25
Q

The income security program that is indexed, and therefore is subject to a regular cost of living adjustment is:

A

OASI

26
Q

______ is the national program that provides health insurance to the elderly

A

Medicare

27
Q

_____ is the national program that provides health insurance to low-income citizens

A

Medicaid

28
Q

An_____ program guarantees an benefit to all who meet the program’s eligibility criteria, regardless of the total cost to the govt

A

Entitlement

29
Q

An indexed benefit is one that increases automatically to keep up with inflation. The increase is a COLA which stands for

A

Cost of living adjustment

30
Q

A ______ benefit has a govt specified jn come level (typically based on the poverty guidelines) as one of its eligibility criteria

A

Means tested

31
Q

The conduct of international relations, particularly involving the negotiation of treaties and other agreements between countries is called:

A

Diplomacy

32
Q

The policy emphasizing the responsibility of US allies to proceed for their own national defense and security, aimed at improving relations with the communist nations including the Soviet union and China is called

A

The Nixon doctrine

33
Q

The replacement of a country’s govt with another govt by facilitating the deposing if it’s leader or leading political party is called

A

Regime change

34
Q

The official operation of the US govt in each country that has diplomatic ties to the US is called the

A

Country desk

35
Q

Since 2005, the person responsible for coordinating and overseeing all the intelligence agencies within the executive branch has been

A

The director of national intelligence

36
Q

The law that limits presidential use of military forces to 60 days, with an automatic extension of 30 additional days if the president requests such an extension is

A

The war powers act

37
Q

An individual outside government who promotes his or her country’s interests and thus helps to shape international perceptions of that nation is called a

A

Public diplomat

38
Q

The influence of domestic interests on foreign-policy is called

A

Intermestics

39
Q

A foreign-policy characterized by a nation’s unwillingness to participate in international affairs is called

A

Isolationism

40
Q

A foreign-policy characterized by a nation’s willingness to participate and intervene in international situations, including another countrys affairs is called

A

Interventionism

41
Q

_______ are the diplomatic and consular staff at US embassies abroad

A

Foreign service officers

42
Q

______ is the international trade principal holding that the least restrictive trade conditions offered to any one national trading partner will be offered to every other nation in a trading network

A

Relations status

43
Q

The interconnectedness between nations in contemporary times is called

A

Globalism

44
Q

Nuclear, chemical, and biological weapons are known as

A

Weapons of mass destruction

45
Q

_______ is an organization created in 1995 to negotiate, implement, and enforce international trade agreements

A

World trade organization

Government (4 decks)

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