Discuss hypothetical policies-a monetary policy


Complete the mcq:

Question 1

During the Cold War, both the United States and USSR maintained huge arsenals of nuclear weapons. This was an especially threatening form of deterrence known as

suicide pact

mutually assured destruction

double suicide

Romeo and Juliet's folly

security pact

Question 2

Which of the following hypothetical policies is a monetary policy?

a policy that raises income taxes

a policy where the federal government buys securities to release more money into the economy

a policy where the government requires citizens to purchase health insurance

a policy where the government gives grants to states to build highways

a policy that creates a national sales tax

Question 3

Efforts designed to alleviate poverty by distributing benefits based on demonstrated need are considered to be

regulatory

contributory

means tested

intelligence screened

regressive

Question 4

If tax revenues become inadequate to fund Social Security, Congress can

cover any deficit by eliminating the foreign aid budget

order the U.S. Mint to print more money to cover the deficit

reduce cost-of-living adjustments

raise the age for benefits eligibility

force states to pay the benefits instead

Question 5

Which of the following is a new type of security challenge to America's information infrastructure?

ample food supplies

adequate transportation infrastructure

ample energy sources

assassination

cyber warfare

Question 6

Presidential initiative is most important when the policy at issue is

regulatory

distributive

promotional

redistributive

monetary

Question 7

Which of the following is an example of a diplomatic solution?

The International Monetary Fund lends money to Greece

Secretary of State John Kerry engages in talks with Russia to reach an agreement on the threat of Iranian nuclear weapons development

The United States launches bombing strikes against terrorists groups and rogue states before they can do harm to the United States

The United States sends medical aid, food relief, and rescue teams to Haiti after Haiti is struck by an earthquake

The United States engages in a trade treaty with Canada and Mexico to lower or eliminate tariffs among the three countries

Question 8

Policies which try to control monopolistic activities of business are examples of

antitrust policy

monetary policy

monopoly policy

budget policy

fiscal policy

Question 9

Most spending on social welfare in the United States goes to such programs as

Social Security and medical insurance for the elderly

Aid to Families with Dependent Children and food stamps

Head Start and other educational opportunities for disadvantaged youth

National Institutes of Health and other scientific research organizations

Medicaid programs for the poor

Question 10

What would the framers of the Constitution think of the president's ability to commit U.S. military forces abroad?

They would be surprised because Congress was assigned the power to declare war

They would be surprised because the military is supposed to exercise its own judgment on national security issues

They would have preferred that states have discretion over international deployments of state militia detachments

They would be happy because the president is intended to have full discretion over foreign policy

They would be surprised because the Supreme Court is required to rule on the constitutionality of each military deployment before it occurs

Question 11

Since 1950, the average incomes of every income group increased-though the incomes of the wealthiest Americans (top 5 percent) increased more sharply than those of any others. This observation is also referred to as

the gender gap

inflation

hyperinflation

the income gap

the baby boom effect

Question 12

Why does Medicare's structure contribute to its spiraling costs?

Medicare provides a health care voucher to every beneficiary, and senior citizens lobby to increase the size of their vouchers

By law, Medicare cannot verify the age of its recipients, so there are lots of people who sign up long before they are actually eligible

Medicare receives a fixed amount of funds every year, so at the end of the year the program spends all of its remaining money rather than return it to the Treasury department

Medicare operates as a third-party insurer, so it cannot prevent patients, doctors, or hospitals from incurring costs ahead of time

Medicare is a single-payer system, so the government both provides the health care and the payment

Question 13

After the 2008 election, how did the Obama administration influence U.S. policy toward ongoing conflicts?

President Obama renounced the Bush Doctrine

President Obama immediately hastened the departure of American troops from Iraq but not Afghanistan

President Obama immediately hastened the departure of American troops from Afghanistan but not Iraq

President Obama initially chose to step up American's military effort in Afghanistan and keep U.S. forces in Iraq

President Obama immediately hastened the departure of American troops from both Iraq and Afghanistan

Question 14

The swift passage of a $700 billion bill to bail out failing financial corporations in 2008 was the result of politicians' career ambition (mixed with concern for the nation) operating through the legislative process. Which of the five principles did this illustrate?

rationality principle

history principle

institution principle

collective action principle

policy principle

Question 15

What does a policy of deterrence require?

concealing the nation's willingness to fight

making a commitment to isolationism

getting support for the appeasement strategy

attacking an opposing country before it grows strong

having large military forces

Question 16

Of the following, which is not an example of fiscal policy?

eliminating the capital gains tax

changing the federal funds rate

raising a tariff

borrowing money for federal spending

cutting the income tax

Question 17

Unilateral sanctions by the U.S. government are usually

effective because of the magnitude of the U.S. economy

effective because of the strength of the U.S. military

ineffective because the target of the sanctions can simply trade elsewhere

ineffective because federalism allows individual states to circumvent the sanction's trading rules

effective because they inspire other countries to follow suit

Question 18

Which of the following explains why both Democrats and Republicans agree that entitlement programs are in danger of failure in the future?

Many millennials may choose not to contribute to the programs

The contributory programs fail to account for demographic factors, with a ratio of workers to retirees approaching two to one

The Social Security and Medicare trust funds were invested in real estate funds that went bankrupt in 2007-09

Many people from around the globe retire in the United States to take advantage of the generous Social Security and Medicare benefits

The welfare state is an automatic stabilizer

Question 19

Roughly half the people on welfare at any one time are off it within

one month

six months

one week

one year

five years

Question 20

Which of the following is the Senate's most direct role in foreign policy?

approving treaties

committing troops

appointing senior military personnel

declaring war

legislating the budget for the State Department

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