What do we say when expenditures exceed revenue in a
given fiscal year? - ✔ ✔ We have a budget deficit.
Which of the following led the United States to abandon its
isolationist policies? - ✔ ✔ a worldwide economic
depression
Which of the following provided American aid to European
countries to help their economies recover from World War
II? - ✔ ✔ the Marshall Plan
Which of the following represent the largest source of
federal government revenue? - ✔ ✔ income taxes
Which of the following represents an example of a
reformulation of a previous government program? - ✔ ✔
Temporary Assistance for Needy Families
Which of the following represents the evaluation stage of
the policymaking process as it relates to the events of 9/11
and the government response? - ✔ ✔ concerns about
anti-terrorism efforts violating civil rights
Which of the following statements provides an example of
the disconnect between how people benefit from
government and how people view government? - ✔ ✔
The majority of Americans receive some sort of
, assistance from the government, but don't think the
programs help them.
What does fiscal policy entail? - ✔ ✔ the revenue and
spending of the government
What does it mean that the United States has global
hegemony? - ✔ ✔ The U.S. is the sole superpower and
exercises great influence over other global actors.
Why is division of power present in the American political
system? - ✔ ✔ It was an intentional attempt by the
Founders to prevent any single entity from gaining control
of the government and its policies.
Why is membership in the Federal Reserve advantageous
for financial institutions? - ✔ ✔ The Federal Reserve
provides a safety net in case of economic collapse.
Why is policy change usually slow and incremental? - ✔
✔ A successful proposal must unite multiple
stakeholders with different values.
Why is the U.S. tax code considered to be a redistributive
policy? - ✔ ✔ It is progressive, meaning that lower-
income earners pay a lower tax rate than higher-income
earners.
Why might a policymaker be more likely to respond to
citizen opinion on salient issues? - ✔ ✔ Responding to