AnswersIL-EconomicsMonetary Policy: The Federal Reserve

Global Economic Policy Answers

16 verified answers3 views
1
Free Preview

The Social Security Administration develops regulations to determine

b
benefits.
i
investments.
t
taxes.
e
employment.
2
Free Preview

Which of these responsibilities is performed by the US Department of Education?

e
enforcing laws for SNAP program
o
operating public schools daily
d
determining what must be taught in all schools
p
providing federal funding to states for education
3

What is the program formerly known as “food stamps” now called?

D
Department of Agriculture
M
Medicaid Health Services
D
Department of Housing and Urban Development
S
Supplemental Nutrition Assistance Program
4

Who funds public assistance programs?

s
state governments
c
city governments
l
local and county governments
s
state and federal governments
5

Which of these concerns about educational quality is determined only at the K–12 level of public education?

h
how to appropriately test students’ performance
h
how to make sure application acceptance rates are fair
h
how to fund the growing cost of tuition
h
how to pay for higher-education research
6

most

I
It is controlled only by the federal government.
A
All funding comes from the state.
I
It is set by multiple levels of the government.
A
All policies are determined by local school boards.
7

Look at this chart.

Question illustration
A
an increase in national population
B
an economic crisis throughout the country
C
a significant rise in overall food costs
D
a dramatic increase in national employment
8

What is the definition of the term “public assistance”?

a
a government program that provides income, food, or housing
a
a monthly payment provided to a citizen enrolled in a program
a
an educational voucher used to help parents pay for private schooling
a
a social policy outlining the qualifications for government program enrollment
9

Why did President Franklin D. Roosevelt establish Social Security?

A
to end the Great Depression
B
to provide economic security
C
to gain approval of the New Deal
D
to protect the free market system
10

best

t
to instill citizens with knowledge to better participate in government and the economy
t
to make sure citizens only elect the correct political candidates
t
to provide sufficient employment within the public school system
t
to ensure that the government controls what information citizens can access
11

Look at this chart.

Question illustration
A
Life expectancy is increasing slower than expected, so people are not living as long as thought.
B
Younger people are no longer paying as many retirement taxes as in past generations.
C
The number of elderly Americans is growing quickly, so more money is going out than coming in.
D
An unequal amount of taxes is being allocated to Medicare and Medicaid services.
12

most likely

R
Retirees would discover they have fewer benefits than they’d anticipated.
C
Citizens would have to wait far longer to collect their benefits.
W
Workers would have less money to take home each week.
G
Government officials would please everyone involved.
13

Which statement about Medicare is most accurate?

A
Medicare’s only requirement is being an adult who has paid taxes.
B
Medicare is administered by state governments.
C
Medicare provides free medical care for all enrollees.
D
Medicare provides medical assistance to senior citizens.
14

The government sponsors because it contributes to the good of society and the economy.

Answer not available
15

US Department of EducationState Department of Educationlocal school boardhigher education association

A
US Department of Education
B
State Department of Education
C
local school board
D
higher education association
16

Which statements are accurate about Medicare? Select 3 options. It provides medical assistance to senior citizens over age 65.It is administered and regulated by the state government. It makes medical care free for everyone who is enrolled. It is an extension of the government’s Social Security program. It is facing a major funding problem due to an increase in older Americans.

I
It provides medical assistance to senior citizens over age 65.
I
It is administered and regulated by the state government.
I
It makes medical care free for everyone who is enrolled.
I
It is an extension of the government’s Social Security program.
I
It is facing a major funding problem due to an increase in older Americans.

Did you find these answers helpful?

More from this Course

Quiz
18 verified answers

Regulatory Policy

Quiz
17 verified answers

Foreign Policy

Quiz
19 verified answers

Monetary Policy: The Federal Reserve