Foreign Policy
Govenment Earnings
Government Spending
Federal Reserve
Potpourri
100
After WWII, this country controlled East Germany.
What is the Soviet Union
100
The costs of government are paid with this.
What is public funds gained through taxes, fines, etc.
100
This is the largest expense of the federal government.
What is defense
100
The Federal Reserve controls the amount of this in circulation in the economy.
What is money.
100
This type of tax is based on how much a person makes per year.
What is an income tax?
200
These countries were the four allies during WWII
What are the U.S., Great Britain, France, and the Soviet Union
200
The national debt requires huge payments to this, a fee paid by a borrower.
What is interest?
200
By 2005, defense spending accounted for this percentage of the federal budget.
What is 19 percent.
200
The Fed serves as this type of institute that allows the federal governement to deposit and withdraw money.
What is a bank.
200
This large country joined NATO in 2002 in military exercises and peacekeeping operations to prepare for possible future membership.
What is Russia?
300
This was added to the Monroe Doctrine, which gave the United States policing power in the Western Hemisphere.
What is the Roosevelt Corollary?
300
The United States uses this type of tax of imports in order to regulate trade.
What are tariffs?
300
The U.S. is said to have one of these if the ammount of money that was spent equals the amount of money that was collected through taxes and other means.
What is a balanced budget?
300
The Fed can change the amount of money available by rasing or lowering this, which is a percentage is charged for borrowing moneyl.
What is the interest rate
300
A sales tax is an example of this type of tax.
What is a regressive tax?
400
After WWII, this document allowed Congress to give millions of dollars in aid to countries to fight Communism.
What is the Truman Doctrine?
400
People can lend money to the government by buying one of these relatively safe investments.
What is a bond.
400
In 2005, the federal government spent approximately this amount of money.
What is $2.4 trillion?
400
The Federal reserve has this many National Reserve Banks
What is 12?
400
In the U.S., paper money is printed by this department.
What is the Treasury Department's Bureau of Engraving and Printing?
500
These are the three kinds of alliances that the U.S. uses to accomplish its goals around the world.
What are political, military, and economic?
500
This type of tax on cigarettes and alcohol are used to discourage their use.
What is an excise tax?
500
This program is facing problems because the number of elderly people receiving benefits has increased in recent years.
What is Social Security.
500
He is the head of the Board of Directors of the Fed.
Who is Ben Bernanke?
500
If the government lowers taxes, the economy may be going through this which is an economic slow down.
What is a recession?