Government Final Study Guide (15-17)
The cost of driving a gas guzzling car also includes the impact of smog and the effects of carbon monoxide emissions, which economics refer to as negative:
Externalities
The government's use of taxing and spending powers to manipulate the economy is called
Fiscal policy
Which of the following is not an example of an international humanitarian policy?
Petroleum agreements
The most important international organization for promoting free trade is the
WTO (world trade organization)
A terrorist group is an example of a
nonstate actor
A voluntary agreement between two or more private persons that governs future conduct is called
A contract
An inefficient allocation of resources is known as
A market failure
The primary entrance of the senate into foreign policy making today is
Approving treaties
Social security is an example of a _________ program
Contributory
Universal compulsory education is an example of government efforts to
Create a labor force
To many Americans, the chief purpose of the nation's foreign policy is
Protecting America's security
Presidential initiative is most important when the policy at issue is
Redistributive
The politics of social policies are very special because these are
Redistributive
Social security is a tax best classified as a _________ tax
Regressive
The first goal of social policies is to
protect against risks that most people face over the course of their lives