Verified Answers
Which of the following are provided by the government as public goods?
a
national defense, police protection
b
toll roads, air pollution
c
regulation of prescription drugs, local electric service
d
Social Security, national health insurance - answer✔✔a
national defense, police protection
Which of the following are included among Congress's enumerated powers?
a
assisting those who are in need
b
providing for public schools
c
establishing a common currency
d
passing an antitrust law - answer✔✔c
establishing a common currency
When did it become common for the national government to actively manage the overall
economy?
EXAM STUDY MATERIALS July 23, 2024 4:26 PM
,a
the Cold War (1950s to 1980s)
b
the Great Depression (1930s)
c
the Roaring 20s.
d
the Gilded Age (1880s and 1890s) - answer✔✔b
the Great Depression (1930s)
Social Security is a form of insurance that mostly protects against which of the following
conditions?
a
being no longer employed due to age
b
being poor
c
being disabled
d
being temporarily unemployed - answer✔✔a
being no longer employed due to age
Which of the following policies is most likely to redistribute money from wealthy taxpayers to
poor beneficiaries?
a
Social Security
b
Medicaid
EXAM STUDY MATERIALS July 23, 2024 4:26 PM
,c
tax deductions for charitable contributions
d
agricultural price supports - answer✔✔b
Medicaid
Which of the following may be justified as a means to discourage undesirable preferences?
a
a tax deduction for interest on home mortgages
b
laws requiring car drivers to carry collision insurance
c
a law stating that English is the official language of the United States
d
a law requiring that public officials profess a belief in a supreme being - answer✔✔b
laws requiring car drivers to carry collision insurance
National defense fell from about 62 percent of all federal spending in 1955 to approximately
what percentage in 2019? - answer✔✔15.4
Which of the following is consistently the smallest category of federal spending?
a
health
b
income security
c
international
d
national defense - answer✔✔c
international
EXAM STUDY MATERIALS July 23, 2024 4:26 PM
, Medicare and Medicaid did not exist until 1965. By 2019, approximately what percentage of
federal spending was allocated to health care?
a
10
b
18
c
28
d
40 - answer✔✔c
28
Which of the following statements best characterizes the overall shift in federal government
spending since 1955?
a
National defense is no longer important.
b
There is much greater emphasis on social insurance and redistribution.
c
The national debt is clearly out of control.
d
Functions in the "Other" category are being neglected. - answer✔✔b
There is much greater emphasis on social insurance and redistribution.
Which of the following were part of democracy in ancient Greece?
a
civil rights and liberties
b
voting rights for free adult native-born men
EXAM STUDY MATERIALS July 23, 2024 4:26 PM