2nd Semester Gov Exam

A town council faces budget cuts and can no longer afford to pay for landscaping in town parks. How could a citizen work within his or her own community to help the local government address this problem?

• by running for a seat in the General Assembly with a promise to increase funding for local parks

• by requesting that the governor supply the town with state funds for park maintenance

• by emailing Ohio’s congressional delegation to inform them of this issue

• by organizing a group of residents to volunteer for weekly park maintenance

How can a citizen become involved in addressing problems that affect the entire state?

• by attending a meeting of the local school board

• by signing petitions to place issues on the ballot

• by joining a community watch group

• by volunteering for the fire department

Universal Pre-K, raising taxes on the wealthy, and expanding the social safety net are all policies of which political party?

• Libertarian

• Green Party

• Republican

• Democrat

When thinking about fiscal policy, the government will use levers, or tools, to help warm and cool the economy. Which of the following is an example of how the government cools the economy?

• The Federal government will raise income taxes

• The Federal government will create more jobs within the government

• The Federal government will lower income taxes

• The Federal government will increase government spending

The economy is slow and sluggish, so the Federal government makes decisions to try to warm it up. Which of the following is the best option for the Government to take?

• Decrease government spending on special projects and government jobs so that the Government can save money

• Lower taxes on people who make less than $150,000 a year AND increase government jobs and public projects like roads and bridges.

• Raise taxes on people who make less than $100,000 a year. This will be a large group of people, so the government will get more money from them to pay off debts

• Lower taxes on people who make over $550,000 a year. It is a smaller group, but they may use the extra money to invest in business

In 2021, Former President Biden sent out stimulus checks to (a)   the economy during the COVID pandemic.

• Cool

• maintain 
• warm

After former President Biden sent out 3 rounds of Stimulus checks during the COVID pandemic, what was the impact these checks on the economy?

• The stimulus checks had no impact on the economy

• The stimulus checks slowed down the economy

• They created a stable and healthy economy with the desired 2% inflation

• The stimulus checks sparked inflation of over 20% in some cases

When the US Economy performs poorly, many people look to the government to take action. If the government cuts taxes, what might occur as a result?

• The government would get out of debt

• People would have more money to spend

• More banks would fail

• The stock market would collapse

Lowering taxes, school choice, and removing restrictions on business are some of the main priorities of which political party?

• Libertarian

• Green

• Republican

• Democrat

Which of the following is not a primary goal of the Federal Reserve?

• Set tax policy

• Maintain Financial Stability

• Set Monetary Policy

• Regulate Banks