U.S. Government, Unit 4 Post Test 100% correct

29 March 2024
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question
If you want to analyze the total annual production of goods, services, and structures within a nation, which economic figure should you reference?
answer
gross domestic product (GDP)
question
Which economic indicator describes the process of generally declining prices?
answer
deflation
question
Which economic system has become associated with authoritarian governments and total control of the economy?
answer
communism
question
Why do economists describe the US economy as a mixed-market economy?
answer
Citizens have economic freedoms with some government regulation.
question
Why does the 2010 Affordable Care Act stand as one of the most important domestic policy plans in recent history?
answer
It provides health care coverage for millions of Americans.
question
A government provides citizens with a job-training program so more people can enter a new job field. What type of policy technique is this an example of?
answer
Incentive
question
Which program provides financial protection for retiring workers?
answer
Social Security
question
Which of these is an example of a domestic policy?
answer
A program that increases local recycling rates
question
Which department did the US government create immediately after the 9/11 terrorist attacks?
answer
The Department of Homeland Security
question
How did Theodore Roosevelt's Corollary influence US foreign policy?
answer
It displayed how the United States would take a more aggressive role in the world.
question
Which organization did world powers create immediately after World War II?
answer
United Nations
question
Which statement best describes the United States' changing role in the world during the twentieth century?
answer
It became a military superpower in the world but lacked a strong economy.
question
According to the pie chart, which function consumed the largest portion of government expenditures in 2003?
answer
providing retirement income for older citizens
question
Which action can the Federal Reserve take to pursue a tight-money policy?
answer
Decrease the amount of money in the economy
question
Which industry did the Interstate Commerce Act primarily affect?
answer
railroad
question
Which type of policy is controlled by the Board of Governors of the Federal Reserve?
answer
monetary policy