Question 1

The Securities and Exchange Commission, which attempts to protect the investing public from deception and fraud, engages in which policy?

Accepted Answer

A)  distributive
B)  material
C)  substantive
D)  symbolic
E)  regulatoryF) C) and D)
G) B) and D)

Question 2

What area of public policy stresses the importance of reducing inflation at all costs through control of the money supply?

Accepted Answer

A)  fiscal policy
B)  monetary policy
C)  economic development policy
D)  economic regulatory policy
E)  trade and tariff policyF) A) and D)
G) A) and B)

Question 3

Fiscal policy is most closely associated with

Accepted Answer

A)  Milton Friedman
B)  F.A.Hayek
C)  Ronald Reagan
D)  Herbert Hoover
E)  John Maynard KeynesF) A) and C)
G) A) and B)

Question 4

The government may use symbolic policies to divert public attention from more important issues or to satisfy the public's demands without actually providing any substantive benefits.

Accepted Answer

A) True 
 B)False

Question 5

Ideological conflict between liberals and conservatives over the nature of governmental action is an environmental factor in the context of policy making.

Accepted Answer

A) True 
 B)False

Question 6

According to Keynesian economic theory, during times of economic depression the government should

Accepted Answer

A)  collect more taxes.
B)  collect less taxes.
C)  collect the same amount of taxes.
D)  raise taxes.
E)  do nothing.F) A) and E)
G) None of the above

Question 7

Evaluate the efforts to reform welfare and their effectiveness.

Accepted Answer

The efforts to reform welfare have been ...

Question 8

What are the two broad sets of tools for managing the economy?

Accepted Answer

A)  fiscal policy and monetary policy
B)  economic development policy and economic regulatory policy
C)  monetary policy and economic development policy
D)  fiscal policy and economic regulatory policy
E)  foreign policy and domestic policyF) All of the above
G) None of the above

Question 9

A policy agenda is a list of issues that government and nongovernmental agents are giving serious attention to at any given time.

Accepted Answer

A) True 
 B)False

Question 10

Presidents Reagan, George H.W.Bush, Clinton, and George W.Bush have all supported what policy?

Accepted Answer

A)  increase taxes
B)  raising interest rates
C)  increase trade tariffs
D)  lowering tariffs, free trade
E)  lowering interest ratesF) All of the above
G) D) and E)

Question 11

Policy implementation is the final step in the policy-making process.

Accepted Answer

A) True 
 B)False

Question 12

The United States suffered a serious economic downturn in 2000 that has lasted until the present day.

Accepted Answer

A) True 
 B)False

Question 13

The __________ agenda covers all issues that are generally recognized as deserving of public attention and are within the legitimate jurisdiction of government.

Accepted Answer

A)  substantive
B)  systematic
C)  institutional
D)  issue
E)  politicalF) D) and E)
G) C) and D)

Question 14

The 1996 welfare reform law limits lifetime benefits to five years.

Accepted Answer

A) True 
 B)False

Question 15

Public policy is a product of competition among groups.This is an example of:

Accepted Answer

A)  corporatism.
B)  rational choice.
C)  elite theory.
D)  subgovernments.
E)  group theory.F) D) and E)
G) A) and B)

Question 16

The institution charged with implementing monetary policy through managing the nation's money supply is the

Accepted Answer

A)  Federal Reserve.
B)  Department of Treasury.
C)  Office of Management and Budget.
D)  Internal Revenue Service.
E)  Comptroller of the CurrencyF) B) and E)
G) C) and D)

Question 17

Social Security benefits for retired persons are an example of

Accepted Answer

A)  regulatory policy.
B)  distributive policy.
C)  redistributive policy.
D)  substantive policy.
E)  foreign policy.F) A) and B)
G) A) and C)

Question 18

Professional organizations of physicians and lawyers establish licensing standards for their fields, a power that is delegated to these groups by state government.This is an example of

Accepted Answer

A)  elite theory.
B)  group theory.
C)  corporatism.
D)  subgovernments.
E)  rational choice.F) B) and C)
G) C) and D)

Question 19

Keynesian economics state that during times of economic depression or recession, the government should intentionally

Accepted Answer

A)  spend more.
B)  spend less.
C)  decrease its deficit.
D)  lower taxes.
E)  do nothing.F) A) and B)
G) C) and D)

Question 20

What is the correct sequence in the stages of the policy-making process?

Accepted Answer

A)  agenda setting, policy formulation, policy adoption, policy implementation, issue identification, policy evaluation
B)  issue identification, agenda setting, policy formulation, policy implementation, policy evaluation, policy adoption
C)  issue identification, agenda setting, policy formulation, policy adoption, policy implementation, policy evaluation
D)  policy formulation, agenda setting, issue identification, policy implementation, policy adoption, policy evaluation
E)  policy formulation, agenda setting, issue identification, policy adoptionF) A) and B)
G) C) and D)

Exam 13: Public Policy: What Government Does

The __________ agenda covers all issues that are generally recognized as deserving of public attention and are within the legitimate jurisdiction of government.

Correct AnswerverifiedShow Answer

A policy agenda is a list of issues that government and nongovernmental agents are giving serious attention to at any given time.

Correct AnswerverifiedShow Answer

Professional organizations of physicians and lawyers establish licensing standards for their fields, a power that is delegated to these groups by state government.This is an example of

Correct AnswerverifiedShow Answer

Fiscal policy is most closely associated with

Correct AnswerverifiedShow Answer

What area of public policy stresses the importance of reducing inflation at all costs through control of the money supply?

Correct AnswerverifiedShow Answer

According to Keynesian economic theory, during times of economic depression the government should

Correct AnswerverifiedShow Answer

The government may use symbolic policies to divert public attention from more important issues or to satisfy the public's demands without actually providing any substantive benefits.

Correct AnswerverifiedShow Answer

Keynesian economics state that during times of economic depression or recession, the government should intentionally

Correct AnswerverifiedShow Answer

Presidents Reagan, George H.W.Bush, Clinton, and George W.Bush have all supported what policy?

Correct AnswerverifiedShow Answer

Evaluate the efforts to reform welfare and their effectiveness.

Correct AnswerAnswered by ExamLex AIThe efforts to reform welfare have been ...View AnswerShow Answer

Social Security benefits for retired persons are an example of

Correct AnswerverifiedShow Answer

The institution charged with implementing monetary policy through managing the nation's money supply is the

Correct AnswerverifiedShow Answer

Public policy is a product of competition among groups.This is an example of:

Correct AnswerverifiedShow Answer

The United States suffered a serious economic downturn in 2000 that has lasted until the present day.

Correct AnswerverifiedShow Answer

Policy implementation is the final step in the policy-making process.

Correct AnswerverifiedShow Answer

The Securities and Exchange Commission, which attempts to protect the investing public from deception and fraud, engages in which policy?

Correct AnswerverifiedShow Answer

Ideological conflict between liberals and conservatives over the nature of governmental action is an environmental factor in the context of policy making.

Correct AnswerverifiedShow Answer

What are the two broad sets of tools for managing the economy?

Correct AnswerverifiedShow Answer

What is the correct sequence in the stages of the policy-making process?

Correct AnswerverifiedShow Answer

The 1996 welfare reform law limits lifetime benefits to five years.

Correct AnswerverifiedShow Answer

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The efforts to reform welfare have been ...
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