POLI330 WEEK6 exam questions
and answers
Radicals use the term "political economy" instead of _____ to
describe their critique of capitalism and the inequitable distribution
of wealth among nations. - answer Marxism
How do Keynesian economic policies differ from the traditional
laissez-faire policies developed by Adam Smith? - answer
Keynesian economics advocates for increased government control of
economics, and traditional laissez-faire argues for a hands-free
approach.
The 1973 Mideast war allowed members of the Organization of
Petroleum Exporting Countries (OPEC) to _____. - answer quadruple
oil prices
Between 1965 and 1973, the percentage of Americans living below
the poverty line _____. - answer greatly decreased
Analyze recent changes to the Food Stamp program. - answer The
updated debit card system makes the program more difficult to
misuse.
Differentiate between the rising costs of Medicare and Medicaid. -
answer Medicare anticipates rising costs due to changing
proportions of people over 65.
Why are many politicians wary about limiting Social Security and
Medicare expenses? - answer It can cost them votes.
and answers
Radicals use the term "political economy" instead of _____ to
describe their critique of capitalism and the inequitable distribution
of wealth among nations. - answer Marxism
How do Keynesian economic policies differ from the traditional
laissez-faire policies developed by Adam Smith? - answer
Keynesian economics advocates for increased government control of
economics, and traditional laissez-faire argues for a hands-free
approach.
The 1973 Mideast war allowed members of the Organization of
Petroleum Exporting Countries (OPEC) to _____. - answer quadruple
oil prices
Between 1965 and 1973, the percentage of Americans living below
the poverty line _____. - answer greatly decreased
Analyze recent changes to the Food Stamp program. - answer The
updated debit card system makes the program more difficult to
misuse.
Differentiate between the rising costs of Medicare and Medicaid. -
answer Medicare anticipates rising costs due to changing
proportions of people over 65.
Why are many politicians wary about limiting Social Security and
Medicare expenses? - answer It can cost them votes.
