During which President’s administration did the deficit grow the least?

A. George W. Bush
B. Bill Clinton
C. Ronald Reagan
D. Richard Nixon

During which decade did the U.S. budget deficit grow the most?

A. 1970s\ C. 1990s
B. 1980s
D. 2000s

What resulted from Ronald Reagan’s military buildup in the 1980s?

A. A bull market
B. Record budget deficits
C. A record budget surplus
D. The invasion of Iraq

The belief that cutting taxes for the rich will eventually result in economic benefits for the poor is commonly referred to as $\underline{\qquad \qquad}$.

A. socialism

B. pork barrel politics

C. Keynesian economics

D. trickle-down economics

What caused the collapse of communism in the Soviet Union?

A. Assassination of Leonid Brezhnev, invasion of Afghanistan
B. Efficient central government, strong economy
C. Vladimir Putin’s reforms, abundant natural resources
D. Weak economy, inefficient central government, Gorbachev’s reforms, and nationalism

How many republics were formed from the former Yugoslavia?

A. 5
B. 6
C. 4
D. 8

What is art that incorporates multimedia and digital elements as well as traditional techniques called?

A. Popular culture
B. Abstract expressionism
C. Postmodernism
D. Cultural imperialism

In which year did the United States land a mission on the moon?

A. 1969
B. 1945
C. 1981
D. 1979

To what problem did George W. Bush devote most of his attention during his first year as U.S. president?

A. War with Iraq
B. Terrorism
C. Invasion of the Falkland Islands
D. The Watergate scandal

How many nations belonged to the European Union as of 2007?

A. 50
B. 15
C. 12
D. 27

Explain the significance of: Leonid Brezhnev, Brezhnev Doctrine, détente, dissidents, Afghanistan, participation, Ronald Reagan, Mikhail Gorbachev, perestroika, responsive, Boris Yeltsin, Ukraine, Belarus, Vladimir Putin.

Explain the significance of: Sputnik I, chemical, gender stereotyping, Equal Pay Act, Roe v. Wade, gender parity, postmodernism, popular culture, globalization, Munich, cultural imperialism, Basque region, Bloody Sunday.

A ______ exists when the government spends more than it collects in revenues.

A. red-line budget
B. budget deficit
C. surplus budget
D. balanced budget

Explain the significance of: currency, France, shift, West Germany, Northern Ireland, Margaret Thatcher, Thatcherism, Richard Nixon, Watergate, Gerald Ford, Jimmy Carter, Ronald Reagan, Reagan Revolution, budget deficits, George Bush, Bill Clinton, George W. Bush, Pierre Trudeau.