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WorksheetsUnit VI Review
Total questions: 59
Worksheet time: 30mins
Name
Class
Date
1.
The idea of a stimulus package is
a)
To give people some money to spend to spur economic growth
b)
Redistribute wealth from rich to poor
c)
Encourage rich to spend more money
d)
Cut taxes by 20%
2.
A recession occurs when
a)
The president and congress declare
b)
The stock market drops more than 500 points
c)
Energy prices increase
d)
The economy experiences two consecutive quarters of negative growth
3.
A mixed economy is one in which
a)
The government consults with corporations about the economy
b)
The government controls some, but not all, of the economy
c)
The government, though not commanding the economy, is deeply involved
d)
Corporate CEO's vote on Congressional legislation
4.
Who is the father of the American Economy?
a)
Thomas Jefferson
b)
Benjamin Franklin
c)
Alexander Hamilton
d)
Colonel Sanders
5.
Alexander Hamilton's economic system created
a)
A mixed exonomy
b)
The first capitalist economy
c)
The foundation for the game of Monopoly
d)
A pure communist economic systm
6.
This body was created to investigate stock fraud.
a)
The Justice League
b)
Securities and Exchange Commission
c)
Securities and Exchange Counsel
d)
Securities and Exchange Committee
7.
Worker safety is governed by the rules promoted and enforced by
a)
ACLU
b)
Federal Trade Commission
c)
American Federation of Labor
d)
The Occupational Health and Safety Administration
8.
The term "pocketbook voting" refers to
a)
Political Corruption
b)
Paying constituents for votes
c)
Voting along economic concerns
d)
Families who vote alike
9.
Employment is more likely to be a concern of
a)
Republicans
b)
Democrats
c)
Jedi
10.
Who is Anakin Skywalkers mother?
a)
Shmi Skywalker
b)
Shay Skywalker
c)
Lucille Skywalker
d)
Cher Skywalker
11.
Inflation is more likely to be a concern of
a)
Republicans
b)
Democrats
c)
Jedi
12.
Conservatives complain about
a)
The oppressive scope of government regulation
b)
High taxes
c)
The size of the public sector
d)
All of these answers are correct
13.
Who measures how many and what type of workers are unemployed?
a)
Securities and Exchange Commission
b)
Federal Reserve
c)
The companies themsleves
d)
The Bureau of Labor Statistics
14.
Inflation refers to
a)
The level of debt held with foreign nations
b)
Checking your tire pressure
c)
The rise in prices for consumer goods
d)
The drop in prices of consumer goods
15.
The manipulation of the money supply is known as
a)
a bad idea
b)
Fiscal Policy
c)
Supply side policy
d)
Monetary Policy
16.
Federal taxing, spending, and borrowing refers to
a)
Monetary Policy
b)
Foreign Policy
c)
Good Policy
d)
Fiscal Policy
17.
The icon for economic leadership among democrats is
a)
Andrew Jackson
b)
Millard Fillmore
c)
Franklin Roosevelt
d)
James Madison
18.
The Sherman Act of 1890 is designed to
a)
Allow for workers unions
b)
Promote free trade
c)
Honor General Sherman after the Civil War
d)
Ensure competition and prevent monopolies
19.
An employer is forbidden to fire or discriminate against a worker who advocates the possibility of unionizing under a provision of the
a)
Taft-Hartley Act
b)
First Amendment
c)
National Labor Relations Act
d)
Right to Work Laws
20.
The icon for economic leadership among Republicans is
a)
Jimmy Carter
b)
Ronald Reagan
c)
Teddy Roosevelt
d)
Grover Cleveland
21.
These consist of cash and in-kind benefits from the government
a)
Transfer payments
b)
Loan Payments
c)
Trade ins
d)
Means Tested Programs
22.
Policies that provide benefits to individuals through entitlement or means testing are called
a)
Charity
b)
Regulatory Policies
c)
Social Welfare Policies
d)
Tax Subsidies
23.
Government benefits provided regardless of financial need are called
a)
Entitlements
b)
Freebies
c)
Standard Provisions
d)
Transfer Payments
24.
An example of an entitlement program is
a)
Food Stamps
b)
Free School Lunch
c)
Social Security
d)
Medicaid
25.
Government programs available only to individuals who qualify for them based on specific needs are called
a)
Regulatory Policies
b)
Means-tested programs
c)
Entitlements
d)
Public Service Programs
26.
___________ is the amount of money owned, including stocks, bonds, bank accounts, cars, houses, and so forth.
a)
Income
b)
Wealth
c)
Net Profit
d)
Earnings
27.
The amount of money collected between two points of time is called
a)
Wealth
b)
Income
c)
Savings
d)
Dividends
28.
A ___________ tax takes a higher percentage from the incomes of the rich than the poor.
a)
Flat
b)
Progressive
c)
Proporational
d)
Regressive
29.
A ________________ tax requires the same share from everyone, rich and poor alike.
a)
Regressive
b)
Progressive
c)
Flat
d)
Proportional
30.
A ____________ tax takes a higher percentage from those with lower incomes and less from the wealthy.
a)
Regressive
b)
Progressive
c)
Flat
d)
Proportional
31.
The Federal income tax is an example of a ____________ tax.
a)
Hated
b)
Progressive
c)
Proportional
d)
Regressive
32.
The Social Security Act was passed in
a)
1933
b)
1935
c)
1937
d)
1939
33.
Social security was passed in the United States during the
a)
Second World War
b)
New Deal Era
c)
Roaring 20's
d)
Civil Rights Era
34.
Income distribution refers to
a)
The "shares" of the national income earned by various groups
b)
The number of people living below The poverty line
c)
The value of assets owned
d)
The number of poor people living in the U.S.
35.
What is the most common means of access to health care in the U.S.?
a)
Private Insurance Plans
b)
Medicare
c)
Medicaid
d)
Most people don't have insurance
36.
Which of the following is a reason that American health care expenses are so high?
a)
Doctors practice "offensive medicine"
b)
High tech care is more available and costly
c)
Americans have longer hospital stays
d)
Americans visit doctors more
37.
What percentage of Americans get their health care from their employees?
a)
25
b)
50
c)
60
d)
75
38.
In the U.S., the largest single source of health care dollars comes from
a)
the people
b)
government
c)
private sector
d)
it's magic
39.
When doctors order extra tests to ensure they cannot be sued this is called
a)
Offensive Medicine
b)
Thorough Doctoring
c)
Defensive Medicine
d)
Safe Practice
40.
Organizations contracted by individuals or insurance companies to provide health care for fees are called
a)
Health Maintenance Obligations
b)
Health Maintenance Organizations
c)
Health Maintenance Programs
d)
Health Maintenance Orders
41.
Medicare was adopted in 1965 to provide government health care insurance to
a)
Elderly
b)
Children
c)
Orphans
d)
Government Secret Agents
42.
The public assistance program designed to provide health care for poor Americans, funded by the states and federal government, is called
a)
Medicare
b)
Medicade
c)
Medicaid
d)
Medicaide
43.
Under the clean air act of 1970, who is responsible for reducing auto emissions?
a)
Congress
b)
Department of Transportation
c)
Environmental Protection Agency
d)
Motor Companies
44.
The National Environmental Policy Act, Clean Air/Water Act are implemented by
a)
Department of Interior
b)
Department of Transportation
c)
Department of Energy
d)
Environmental Protection Agency
45.
The Superfund was created to
a)
Clean up toxic waste sites
b)
Finance the national park system
c)
Preserve endangered species
d)
Develop atomic weapons
46.
The realm of policy decisions concerned primarily with relations between the United States and the rest of the world is known as
a)
Economic Policy
b)
Foreign Policy
c)
Domestic Policy
d)
Isolationism
47.
The process by which nations carry on relationships with each other is known as
a)
Salutations
b)
Diplomacy
c)
Negotiations
d)
Containment
48.
The UN was created in
a)
1945
b)
1950
c)
1940
d)
1955
49.
How many members are there in the UN General Assembly
a)
320
b)
155
c)
193
d)
77
50.
This 15 member body within the UN holds the real power. It also has 5 permanent members including the U.S., China, Russia, U.K., France.
a)
Security Council
b)
Security Coop
c)
Security Advisory
d)
Security Board
51.
An example of a regional organization for military purposes is
a)
NAFTA
b)
RUMBA
c)
NATO
d)
TPP
52.
The power to accord official recognition to other countries belongs to
a)
Chairman of the Joint Chiefs of Staff
b)
Secretary of State
c)
President
d)
Ambassador General
53.
After the President, the nations foremost diplomat is considered to be
a)
Secretary of Defense
b)
Secretary of State
c)
Attorney General
d)
UN Ambassador
54.
The government body formed to coordinate the American foreign and military policy is known as
a)
National Security Court
b)
National Security Crew
c)
National Security Council
d)
National Security Board
55.
Which is NOT a power of Congress
a)
Declare War
b)
Sign Treaties with other nations
c)
Raise Armed Forces
d)
Appropriate military funds
56.
The willingness of the U.S. to send its military around the world in order to influence other countries is known as
a)
Offensive Diplomacy
b)
Big Stick Diplomacy
c)
Gunboat Diplomacy
d)
Shock and Awe Diplomacy
57.
Monroe Doctrine asserted America's sphere of influence in
a)
Liberia
b)
Asia
c)
Central and South America
d)
North Atlantic
58.
What did the doctrine of containment advocate?
a)
Preventing the spread of Soviet influence
b)
Preventing spread of nuclear weapons
c)
Prevent the spread of disease
d)
Prevent the spread of conflict
59.
In what country did the real events portrayed in the movie "Black Hawk Down" take place?
a)
Nigeria
b)
Liberia
c)
Kenya
d)
Somolia
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