POLI 2051 Chapter 13 Test Questions with All Correct Answers
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POLI 2051
POLI 2051 Chapter 13 Test Questions with All Correct Answers
Which of the following is an example of tax expenditure? - Answer- a. Home mortgage interest deductions
What is the primary reason that future defense procurements will likely be significantly more expensive than they are today? -...
POLI 2051 Chapter 13 Test
Questions with All Correct
Answers
Which of the following is an example of tax expenditure? - Answer- a. Home mortgage
interest deductions
What is the primary reason that future defense procurements will likely be significantly
more expensive than they are today? - Answer- a. Advancements in technology
Why has it been difficult to make government smaller - Answer- a. Citizens like
receiving government services
Why is it so difficult to control federal expenditures? - Answer- a. Many expenditures are
uncontrollable entitlements
Social security can be understood as ___________. - Answer- a. An intergenerational
contract
Maria owns a business that she runs out of her own home. She is using her budget
from last year to estimate her budget for this year and allowing some room for growth.
Which principle is Maria using? - Answer- a. Incrementalism
Why do government agencies often request larger budgets than they actually need? -
Answer- a. Agencies pad their requests because congress will almost inevitability
allocate less than they ask for
Why is the budgetary process the center of so many political disputes in Washington? -
Answer- a. The udget is important to almost all policies and involves nearly everyone in
government
Why might some corporations support big government? - Answer- a. Big governments
have more opportunities to offer contracts, subsidies and other benefits
, America's biggest obstacle to producing a potential solution to its budget deficit is
________. - Answer- a. A lack of consensus on policy
The sixteenth amendment, which was ratified in 1913, provided which economic power
to the government? - Answer- a. Implement a federal income tax
Senate Finance Committee - Answer- the senate committee that, along with the House
Ways and Means Committee, writes tax codes, subject to the approval of congress as a
whole.
Social Security Act - Answer- a 1935 law intended to provide a minimal level of
sustenance to older Americans and thus save them from poverty
Deficit - Answer- an excess of federal expenditures over federal revenues
Medicare - Answer- a program added to the Social Security system in 1965 that
provides health insurance for the elderly, covering hospitalization, doctor fees and other
health expenses.
1. Which of the following would most likely lead to a decrease in the federal deficit? -
Answer- a. A reduction of government expenditures
2. Under a _______ tax, those with a higher income pay a higher tax rate. - Answer- a.
Progressive
3. The federal government raises the largest percentage of its revenue from ________.
- Answer- a. Individual income tax
4. What is intra governmental debt? - Answer- a. Money the treasury has borrowed from
social security and other trust funds for various purposes
5. President Lyndon Johnson's Great Society programs included _______. - Answer- a.
Medicare
6. The idea that yhis years budget is simply going to be last years budget plus a little
more is called _______. - Answer- a. Incrementalism
7. Why is the intergenerational contract that supports the Social Security program
threatened? - Answer- a. There are proportionally fewer workers to fund the program for
the larger proportion of retirees
8. During his tenure, president Ronald regan _________. - Answer- a. Slowed the
growth of government
9. According to the constitution, federal appropriations must be authorized by
_________. - Answer- congress
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