Question

Which of the following is a goal of federal economic policy?

Group of answer choices

full employment

growth

low inflation

all of the above

Flag question: Question 2
Question 21 pts
Which term refers to the use of government spending and taxing as a form of economic policy, especially when managing the business cycle?

Group of answer choices

fiscal policy

monetary policy

regulatory measures


Flag question: Question 3
Question 31 pts
Which of the following defines the business cycle?

Group of answer choices

the preferred mode of transport for ecologically aware business owners

a system of managing the economy by increasing or decreasing the supply of money

a recurring cycle of booms and busts, recoveries and recessions

a system of managing the economy by increasing or decreasing federal expenditures

Flag question: Question 4
Question 41 pts
How might the Federal Reserve respond to a slowdown in the economy or recession?

Group of answer choices

by buying bonds in the open market

by increasing the discount rate

by selling bonds in the open market

by increasing the reserve requirement

Flag question: Question 5
Question 51 pts
How might the Federal Reserve respond to an overheated economy or boom?

Group of answer choices

by decreasing the discount rate

by selling bonds in the open market

by buying bonds in the open market

by decreasing the reserve requirement

Flag question: Question 6
Question 61 pts
Which of the following are governmental policies are aimed at the welfare, or well-being, of the people?

Group of answer choices

health policies

welfare policies

social policies

governmental policies

Flag question: Question 7
Question 71 pts
What was the New Deal?

Group of answer choices

a collection of social programs put together under President Franklin Roosevelt in the 1930s to lessen human misery while ending the Great Depression

a collection of social programs put together under President Lyndon Johnson in the 1960s to improve life for needy Americans

a federal department created in the 1950s to enhance the health and well-being of Americans by providing for effective health and human services

a collection of programs created in 1935, partially financed by mandatory payroll taxes, and provided for older and disabled Americans

Flag question: Question 8
Question 81 pts
Which of the following items is not a major component of Social Security?

Group of answer choices

Federal Emergency Relief Administration (FERA)

Old-Age, Survivors, Disability, and Health Insurance (OASDHI)

Unemployment Insurance

Grants to States for Medical Assistance Programs (Medicaid)

Flag question: Question 9
Question 91 pts
Which is not an example of U.S. foreign policy?

Group of answer choices

President Monroe declaring the Western Hemisphere off limits to European powers

President Harry Truman pledging that the United States would take action to contain Communism

President Woodrow Wilson declaring the nation's neutrality at the start of World War I

President Franklin Roosevelt asking Congress for unprecedented legislation to bolster the American economy in a time of crisis

Flag question: Question 10
Question 101 pts
Which is not an example of U.S. foreign policy?

Group of answer choices

President Kennedy establishing a naval blockade of Cuba

President Jackson threatening South Carolina with military action

President George H.W. Bush establishing a coalition of allies to stop Iraq's invasion of Kuwait

President George W. Bush announcing that the United States would preemptively strike any nation that posed a serious threat to the United States

Answer 1

Q1: all of the above

Q2: fiscal policy

Q3: a recurring cycle of booms and busts, recoveries and recessions

Q4: by buying bonds in the open market

Q5: by selling bonds in the open market

Q6: social policies

Q7: a collection of social programs put together under President Franklin Roosevelt in the 1930s to lessen human misery while ending the Great Depression

Q8: Federal Emergency Relief Administration (FERA)

Q9: President Franklin Roosevelt asking Congress for unprecedented legislation to bolster the American economy in a time of crisis

Q10: President Jackson threatening South Carolina with military action