MONEY, MONEY, MONEY
EXECUTIVE GO-GETTERS
FOREIGN MOVES
CAN YOU SAY POLICY?
DA FED
RED TAPE
5

The effort by the U.S. and Western European allies, begun during the Cold War, to prevent the spread of communism.

A. isolationism
B. neoliberalism
C. selective engagement
D. containment

D. containment

5

How many Executive Departments did Washington have, and how many are there now?

A. 4; 15
B. 5; 15
C. 4; 18
D. 5; 12

A. 4; 15

10

People who identify all possible choices available to a decision maker and assess the potential impact of each.

A. policy makers
B. policy advocates
C. problem-solvers
D. policy analysts

D. policy analysts

10

How many members sit on the FOMC?

A. 7
B. 12
C. 5
D. 24

B. 12

10

The _______ set up the merit system in _____.

A. Hatch Act; 1873
B. Lloyd-La Follette Act; 1923
C. Pendleton Act; 1883
D. Patronage Act; 1881

C. Pendleton Act; 1883

15

Government spending that Congress must pass legislation to authorize each year.

A. mandatory spending
B. entitlements
C. discretionary spending
D. safety net spending

C. discretionary spending

15

Which is NOT a function of the Federal Reserve Banking System?

A. conduct monetary policy
B. regulate banks
C. maintain U.S. financial stability
D. provide financial services to the people

D. provide financial services to the people

20

Which type of spending is formula-based and distributed to individual citizens?

A. safety net
B. distributive
C. discretionary
D. entitlements

D. entitlements

20

A. top-down implementation

20

A policy that sets rules and standards for companies and organizations in an effort to protect the public.

A. distributive policy
B. corporate policy
C. regulatory policy
D. safety net policy

C. regulatory policy

20

Which Federal Reserve Bank Branch serves Texas and how many are there total?

A. 9th;24
B. 11th; 12
C. 5th; 12
D. 12th; 15

B. 11th; 12

20

The second level of the Bureaucratic Pyramid, which includes those who assist the President on a daily basis in carrying out his job, includes which of the following?

A. White House Chief of Staff
B. The Secretary of Defense
C. the State Department
D. Executive Agencies

A. White House Chief of Staff

25

What is the name of the group that makes monetary policy decisions for the U.S.?

A. Federal Organization for Monetary Concerns
B. Board of Governors
C. Federal Open Market Committee
D. Federal Reserve Banks

C. Federal Open Market Committee

25

Which was not part of Johnson's Great Society Program?

A. Urban Revitalization and Mass Transit
B. Education and Job Training Programs
C. focus on the Arts and the Environment
D. Military Defense and NASA funding

D. Military Defense and NASA funding