Global Economic Policy — Unit test Answers

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Which is the best example of the process through which public policy is made?

A
Health officials identify that a public hospital is too busy and give the health department money to hire more doctors.
B
Educators identify that a school that needs replaced and give the school department money to construct a new building.
C
Interest groups identify a rise in childhood obesity and give educators money to add physical activity in public schools.
D
Politicians identify an increase in accidents and give police departments money to enforce new speed limits on highways.
4

The primary way government raises revenue is through

A
taxes and borrowing.
B
selling public property.
C
fines for law violations.
D
charging a fee for a license.
6

Which is an example of a government entitlement that people are guaranteed to receive after paying into a program?

A
Social Security payments
B
healthcare services
C
transportation services
D
job placement services
7

A clear introduction that identifies the issue being addressed in a speech also

A
summarizes the argument.
B
presents evidence.
C
establishes a plan.
D
makes a claim.
8

Which is an example of an economic foreign policy tool?

A
domestic industries
B
self-sufficiency
C
economic rights
D
humanitarian aid
9

task forcepublic policyparty platform

A
task force
B
public policy
C
party platform
10

Which best describes how the federal budget is created?

A
The House proposes a budget and the president signs it into law after the Senate revises it.
B
The Congress proposes a budget and the president signs it into law after his office revises it.
C
The president proposes a budget and signs it into law after the House and Senate revise it.
D
The Senate proposes a budget and the president signs it into law after the House revises it.
11

What is the role of the Department of Homeland Security?

A
This agency monitors and assesses threats from terrorism.
B
This agency approves treaties established with other nations.
C
This agency conducts military operations and oversees the troops.
D
This agency engages in intelligence operations within other nations.
12

Regulatory policies protect consumers by

A
overseeing and limiting businesses.
B
deciding how to tax and spend money.
C
controlling the supply of money.
D
providing public assistance programs.
13

Which best describes the European Union?

A
an economic policy that places tariffs on goods entering Europe
B
a trade agreement responsible for one of the world’s largest economies
C
an economic policy that lowers tariffs on goods sent from Europe to the United States
D
a trade agreement that unites all European countries with a single trading goal
15

Which of the following represents a question within higher education?

S
Should we allow new kinds of public schools to try to help students in innovative ways?
I
Is standardized testing a valid way of determining what students do and do not know?
S
Should we provide vouchers so parents can use public funds to pay for private schooling?
A
Are there better ways to help students find adequate funding for increasing tuition costs?

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