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American Government

Political Science

Quiz 13 :

Introduction to Public Policy

Quiz 13 :

Introduction to Public Policy

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The institution established by Congress in the early twentieth century to implement monetary policy is the:
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D

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Although sometimes a seeming adversary of business and industry when acting in a regulatory role, and often disliked by the private sector for its taxes and regulations, government is nonetheless essential to the functioning of a market economy because:
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A

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Although the networks and infrastructure that keep the Internet humming are often products of private industry, its origins lie in networks developed by the American federal government, largely in connection with national defense, as well as research.Today, of course, most of the country's fastest-growing businesses are Internet companies. From what you have read, how unusual was this digital development in relation to how provision of public goods has supported business and technological development over time?
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C

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Although Alexander Hamilton developed policies to promote industry at the beginning of the American republic's history, it was not until _______________, that the federal government began playing a central role in promoting economic growth.
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Congressional attempts to plan for the economic effects of taxing and spending are known as:
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Beginning in 1971, the federal government tried to _______________ by implementing strict controls over what wages people could be paid for their work, what rent their real estate could bring, and what interest they could get on their money.
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A public policy is a law, rule, statute, regulation, or order that:
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Who controls the Federal Reserve System?
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The federal government put millions of people back to work during the Great Depression by:
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The Federal Reserve has the power to change the interest rate at which banks lend money to each other through a process called:
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The federal Social Security Act of 1935 created _________________, jointly administered by the federal and state governments, designed to help workers whose jobs have been terminated through no fault of their own.It does so by providing payments to these workers for a short time.
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The federal government measures the performance of the American economy, excluding income from foreign investments, at any given time through its measure of:
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A voluntary agreement between two or more private persons that facilitates the exchange of property or services, and which is given weight when it can be legally enforced, is called a:
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In 2010, Congress passed tougher financial regulations in response to harsh criticism of the Securities and Exchange Commission (SEC) for what analysts charged was ____________________ prior to the recessionary years of 2008-2009.
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Market standards that are often provided by governments, such as weights and measures, are important to the functioning of a market economy because:
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The federal government's annual taxing and spending decisions are important to the American economy because:
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The ____________________, created after the stock market crash of 1929, requires companies to disclose information about any stocks and bonds they are selling, as well as inform buyers of investment risks and protect investors against fraud.
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Monetary policy, of the sort typically handled by a country's central bank or banking system, involves:
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The Federal Reserve has the power to directly increase or restrict the amount of money available to consumers to spend or invest through:
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Why might government's defining, recognizing, and protecting property of every sort, from real estate and land to intellectual property, be so essential to the functioning of a market economy?
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