Final Exam Review

What situation faced President Bill Clinton is depicted in the cartoon?

What perspective is conveyed in the cartoon?

Who won the Presidential Election of 2008?

• George H.W. Bush.

• John McCain.

• George W. Bush.

• Barack Obama.

What was Ronald Reagan's economic strategy in the 1980s regarding taxes and military expenditures?

• Ronald Reagan devoted his economic plan to balancing the budget by decreasing taxes and military spending.

• Ronald Reagan's policy favored cutting military spending to provide tax breaks to the middle class.

• Ronald Reagan focused on increasing taxes to increase military spending during the Cold War.

• Ronald Reagan implemented supply-side economics to decrease taxes while increasing military spending.

With which domestic issue is the slogan "Just Say No" primarily associated?

• Illegal drugs.

• HIV/AIDS.

• Child abuse.

• Premarital sex.

What is the theory that suggests the government can stimulate the economy best by assisting businesses to produce more?

• Supply-side economics.

• Mercantilism.

• Keynesian economics.

• Marxism.

How did President Ronald Reagan's supply-side economic policy succeed?

• By increasing government spending on social programs.

• By enforcing stricter environmental regulations.

• By reducing stagflation through new tax cuts.

• By reducing defense spending.

For what reasons was President Bill Clinton impeached in 1998?

• Violating the War Powers Act and the Voting Rights Act.

• Obstruction of justice and perjury.

• Adultery and income tax evasion.

• Misappropriation of funds and lifting sanctions with South Africa.

Which previous conflict does the war in Afghanistan most closely resemble?

• Vietnam War.

• Korean War.

• War of 1812.

• World War I.

What contributed most to the significant increase in the federal debt during President Reagan's tenure?

• U.S. companies exported more than they imported.

• A rise in unemployment forced more welfare spending.

• His forced spending increases and rejected tax plan caused a slowdown.

• Government military spending increased dramatically in the 1980s.