Politics

Created by jaychanelle 

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58 terms

the three types of federal grants presently being administered are

categorical formula grants, project grants, and block grants

funds appropriate for specific purposes such as school lunches or the building of highways or airports which are allocated by formula and subject to detailed federal conditions are

categorical

the constitution delegates the authority to declare the legal state of war to the

congress

the office which prepares the president's annual budget is the

office of management and budget

the control of the money supply is achieved through

monetary policy

the federal government gets most of its funds from

personal income taxes

the debt is the difference between the

total of our deficits minus our surpluses over the years

the first step in preparing the federal budget is

estimating agency needs

the idea that prices, income and economic stability are primarily a function of growth in the money supply is called

monetarism

monetary policy is made by the

federal reserve system

the economic policy of FDR's New Deal was based on

Keynesian economics

the book ____ helped draw attention to the need to regulate the meat-packing industry

the jungle by Upton Sinclair

NATO is primarily a

military alliance

all of the following are true about the CIA

it was created after WW2 it was an outgrowth of the Hoover Commission Recommendation, it gathers most of its material from open sources

most responsibility for the formation of foreign policy is held by the

executive branch

the permanent members of the UN security council included all of the following except

Japan

the commander-in-chief of the armed forces is

the president

the power to appropriate unds for the military is heald by the

congress

maintaining the ability to threaten massive retaliation on any nations that attacked the US is called a strategy of

MAD

political parties play a major role in shaping foreign and defense policy

false

parts of budget outlays are called uncontrollable because they involve legal commitment and payments to individuals that are guaranteed by a formula written in law

true

the "fourth branch of government" is a name often given to

the bureaucracy

since WW2 executive agreements have

accounted for many of the understandings reached between the United States and other nations

the us government finances its debt by

selling bonds to banks, investment companies and private individuals

all large private and governmental organizations are run y bureaucrats

true

two basc principles of the theory of bureaucracy are

hierarchy and specialization

to reduce waste in government, one is also likely to have increase

bureaucratic red tape

which of the following is not typical of bureaucracies

great innovation

as a policy tool, the federal reserve board uses the discount rate. this is defined as

the interest rate member banks pay to borrow from the federal reserve system

the major source of municipal tax revenues comes from

property taxes

the importance of national security advisor diminished after the eisenhower administration

false

federal grants in the use of which local officials had almost complete discretion are called

revenue-sharing funds

in the united nations security council

the five permanent members have veto power

most studies have shown that the best predictor of how much a government unit will spend on a function is

the previous year's budget

when production falls and spending decreases, this is an example of economic

recession

bureaucracies are divided into subunits based on all the following except

religion

the federal reserve system is legally responsible directly to

no specific superior

the greatest successes of the united nations have been in

operating technical programs

the branch of the un that has all but completed its original task is the

trusteeship council

it is the job of the world police forse INTERPOL to bring castes before the world court

false

the theory of capitalism was first proposed by

adam smith

in spite of our claim to be a capitalist country, government involvement in support of business has occurred since

the first congress

John Maynard Keynes proposed that a coutry can get out of a depression by having a government

use its own buying power to readjust the supply and demand curve

Keynes suggested that to right recess a government should

lower taxes and raise spending

the main significance of our intelligence community to the conduct of the U.S. foreign policy is

the information they collect from both secret and publicly available resources

only presidents can declare war

false

the US today is fully prepared to handle and conventional conflict that might break out as well as maintaining a formidable force

false

all member nations of the UN are represented in the

general assembly

the head of the UN secretariat is usually given to some prominent political figures who has shown him/her self to be a great world leader

false

the role of government in laissez-faire capitalism is

act as a neutral arbiter between business and labor

to a capitalist the price of anything should be determined by

its supply and demand

the US economy in the 1950 and 60s was in fact propped up by

the cold war, foreign aid, the space race,

the federal reserve system can prevent bank panics by

loaning money to the banks

the biggest user o f the income tax as a revenue is

national government

all these taxes are regressive except

"old" income tax

buying municipal bonds can actually lower the taxes one owes to the Federal Government

true

the steps our government goes through each year to approve money for federal programs is called the budgetary cycle

true

the 5 principle of a rational organization include all of the following except

hierarchy of needs

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