Today, more than one in every five dollars spent by the Federal Government pays for

money allocated for military equipment.

money allocated to the various departments.

money needed to complete the federal budget.

Which of the following is NOT a source of nontax money in the United States?

revenues collected as custom duties

interest on loans made by the Federal Government

personal payments to the 'conscience fund'

profit from the manufacture of money

Two of the largest categories of federal spending are

Social Security and interest on the public debt.

costs for operating the legislative and the judicial branches of government.

the Department of Energy and the Department of Defense.

costs for operating the Executive Office of the President and funds appropriated to the President.

The process of preparing the federal budget begins with

estimates from all agencies detailing yearly spending projections.

plans for spending determined by the President.

suggestions on spending from congressional committees.

spending plans submitted by the Office of Management and Budget.

A person with a low income from an importing business, who receives large gifts of money from friends and has no wealthy relatives, would prefer

a progressive income tax, low custom duties, high estate taxes, and low gift taxes.

a regressive income tax, low custom duties, high estate taxes, and low gift taxes.

a progressive income tax, high custom duties, low estate taxes, and low gift taxes.

a regressive income tax, high custom duties, low estate taxes, and high gift taxes.

If the federal budget is not approved by October 1st, what usually happens.

Congress will pass a continuing resolution

A key role of the secretary of state is

offering advice on foreign affairs to the President.

being the operating head of the Defense Department.

overseeing the issuing of patents and censuses.

dividing the State Department into its geographic components.

The secretary of defense is responsible for all of the following EXCEPT

selecting the Joint Chiefs of Staff.

advising the President in the carrying out of defense policy.

running the Defense Department.

advising the President in the formation of defense policy.

The contrasting foreign policies of the United States that followed World War I and World War II can best be summarized as a shift from

isolationism to internationalism

an Open Door policy to a Good Neighbor policy

For the first part of the country's history, American foreign policy could be described most accurately as

c. a desire for noninvolvement.

a. a continued involvement in all aspects of world affairs.

b. a pursuit of numerous economic and diplomatic ties abroad.

d. maintaining world leadership.

The Framers most likely placed high importance on the taxing power because

the lack of that power had been one of the shortcomings of the government under the Articles of Confederation.

it was part of the Connecticut Compromise.

they did not want the States to become too powerful.

they wanted to demonstrate their willingness to support the new Congress.

If Congress were permitted to tax exports, exporters would be forced to

raise the cost of those goods or lower their profits.

The congressional power to borrow money

was granted in the Constitution.

resulted from a constitutional amendment.

resulted from an act passed by Congress following World War I.

is implied by the taxing power.

Interest rates paid by the Federal Government are lower because the government is a low risk for investors. It can be inferred from this that interest rates are set by lenders based in part upon

the likelihood that the loan will be repaid.

the taxes that must be paid on the interest.

how much of their capital is invested in borrowers.

The power of the Federal Government to borrow money is

limited by what the American people are willing to finance.

limited by the President when it reaches a certain level.

The difference between a passport and a visa is that

a passport is issued by the United States while a visa is issued by the country one wishes to enter.

a passport is issued by the country one wishes to enter, while a visa is issued by the United States.

a citizen may not leave the country without a visa, but can without a passport.

passports are only valid for certain countries, while visas are universally valid.

By civilian control of the military, the Framers meant

control by the elected representatives of the people.

The draft was suspended largely because

American public opinion opposed it.

the Supreme Court declared it unconstitutional.

Tariffs, quotas, and embargos, are all:

Ways to improve trade between countries

A limit on the number of goods imported into a country is:

Something protectionist are against.

Chapter 16/17

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58 Qs

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Chapter 16/17

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History

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10th Grade

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Practice Problem

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Medium

Michael Cesaro

Used 2+ times

FREE Resource

imports certain luxury items.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Federal Government is able to borrow money at lower interest rates than private borrowers because

its securities are considered the safest possible investment.

interest rates are set by Congress.

it borrows over long periods of time.

it borrows mostly from State governments.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Federal Government's practice of spending more than it takes in results in

greater dependence on regressive taxes than on progressive taxes.

deficit financing.

low interest rates.

longer fiscal years.

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Chapter 16/17

58 questions

The largest source of federal revenue from taxes comes from

Taxes on the production, transportation, sale, or consumption of goods are _____ taxes.

Which of the following limits on the Federal Government's power to tax is implied but not stated in the Constitution?

The Federal Government can levy taxes on all of the following groups EXCEPT

A gift tax must be paid if a person

The Federal Government is able to borrow money at lower interest rates than private borrowers because

The Federal Government's practice of spending more than it takes in results in

Today, more than one in every five dollars spent by the Federal Government pays for

Although only Congress can appropriate the money that the Federal Government uses to operate, it is the (a) who initiate(s) the spending process.

Both corporate and individual income taxes are set at (a) rates.

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