Chapter 16 Domestic Policy Test

laws that improve life for everyday Americans

• signature domestic policies

• foreign terrorism

• domestic terrorism: Boston Marathon Bombing

• domestic terrorism: Oklahoma City bombing of 1995

groups and policies that actually provide assistance to citizens

• social welfare programs

• education policy

• policy legacy

• policy positions

A medical insurance for people over the age of 65 or older

• Medicare

• health care

• social welfare programs

• education policy

retirement system for American workers

• Social Security

• Medicare

• health care

• social welfare programs

tax businesses less and they'll invest more in creating jobs

• supply-side/trickle down economics

• Great Recession

• wage inequality

• shifts in the workforce

provides health insurance even if you lose your job under certain qualifying events

• Ominbus Budget Reconciliation Act

• "Read my lips, no new taxes" campaign promise

• supply-side/trickle down economics

• Great Recession

publicly against taxes, prefers to reduce government programs, and doesn't like change in society

• conservative political philosophy

• TARP

• George W Bush tax cuts 2001 and 2003

• Ominbus Budget Reconciliation Act

publicly for taxes, prefers bigger government, and seeks changes to society

• liberal political philosophy

• conservative political philosophy

• TARP

• George W Bush tax cuts 2001 and 2003

non-excludable and nonrival; may not necessarily be a physical good that you can hold in your hands is referring to ____________.

• Market Failure

• Public Good

• Private Good

• None of the Above

Example: newly purchased car Explanation: excludable - if you did not pay for it, the dealer would not give it to you rival - one person driving car keeps another person from driving it. This is an example of a _____________.

• Public Good

• Private Good

• Free Rider

• Market Failure