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5 Written questions

5 Matching questions

  1. Monetarism
  2. Laissez-Faire
  3. Unemployment Rate
  4. Federal Reserve System
  5. Feminization of Poverty
  1. a The main instrument for making monetary policy in the United States. It was created by Congress in 1913 to regulate the lending practices of banks and thus the money supply.
  2. b An economic theory holding that the supply of money is the key to a nation's economic health. Monetarists believe that too much cash and credit in circulation produces inflation.
  3. c The increasing concentration of poverty among women, especially unmarried women and their children.
  4. d As measured by the Bureau of Labor Statistics, the proportion of the labor force actively seeking work but unable to find jobs.
  5. e The principle that government should not meddle in the economy.

5 Multiple choice questions

  1. Based on monetarism, this is the manipulation of the supply of money in private hands by which the government can control the economy.
  2. Organizations contracted by individuals or insurance companies to provide health care for a yearly fee. Such network health plans limit the choice of doctors and treatments; About 60 percent of Americans are enrolled in HMOs or similar programs.
  3. Benefits given by the government directly to individuals. These may be either cash transfers, such as Social Security payments and retirement payments to former government employees, or in-kind transfers, such as food stamps and low-interest loans for college education.
  4. The law that charged the Department of Transportation with the responsibility to reduce automobile emissions.
  5. A law intended to clean up the nations rivers and lakes. It requires municipal, industrial, and other polluters to use pollution control technology and secure permits from the EPA for discharging waste products into waters.

5 True/False questions

  1. Environmental Protection Agency (EPA)A report required by the National environmental policy act that specifies the likely environmental impact of a proposed action.

          

  2. InflationThe rise in prices for consumer goods.

          

  3. Consumer Price Index (CPI)Benefits given by the government directly to individuals. These may be either cash transfers, such as Social Security payments and retirement payments to former government employees, or in-kind transfers, such as food stamps and low-interest loans for college education.

          

  4. Poverty LineAn economic theory holding that the supply of money is the key to a nation's economic health. Monetarists believe that too much cash and credit in circulation produces inflation.

          

  5. National Environmental Policy Act (NEPA)The law passed in 1969 that is the centerpiece of federal environmental policy in the U.S. This law established the requirements for environmental impact statements.