What is the primary function of government bureaucracy?
B) To execute and enforce laws
What is the term for unelected government officials who implement policies?
D) Bureaucrats
The Department of the Treasury is primarily responsible for:
Managing federal finances and the economy
What is the Federal Reserve?
Central Bank of the US
The percentage of the labor force that is unemployed.
Unemployment Rate
A period of economic decline that can sometimes accompany inflation, particularly in stagflation scenarios.(2 consecutive negative quarters of GDP)
Recession
The use of government spending and taxation to influence the economy.
Fiscal Policy
What is the highest-grossing movie of all time (not adjusted for inflation)?
A. Titanic
B. Avengers: Endgame
C. Avatar
D. Star Wars: The Force Awakens
C
Which event marked the beginning of the American Civil War?
Attack on Fort Sumter
Who directed the movie Jurassic Park?
B) Steven Spielberg
Which of the following is a characteristic of bureaucracy?
Bureaucrats are often associated with which of the following?
B) Slow, rule-based operations
The Department of Defense oversees
The U.S. military
How many Federal Reserve Banks are there?
12
Payments made by the government to unemployed individuals.
Unemployment Benefits
Inflation that occurs when demand for goods and services exceeds supply, pushing prices higher.
Demand-Pull Inflation
The process by which the government collects revenue from individuals and businesses to fund public services.
Taxation
In The Lion King, what is the name of Simba’s father?
A. Scar
B. Mufasa
C. Rafiki
D. Zazu
B
Who was President during the Louisiana Purchase?
Thomas Jefferson
Which company is known for making the Model T car?
Ford
Bureaucracies typically have a structure based on which principle?
Answer: C) Chain of command
The term "civil servant" refers to:
C) Career employees in government agencies
Which department is responsible for enforcing federal laws and representing the United States in legal matters?
Department of Justice
Who oversees the Federal Reserve?
Board of Governors
Short-term unemployment that occurs when people are between jobs.
Frictional Unemployment
Inflation caused by increased production costs, such as rising wages or raw material prices.
Cost-Push Inflation
Policies that increase government spending or decrease taxes to stimulate economic growth.
Expansionary Fiscal Policy
In The Hunger Games, what is Katniss Everdeen’s signature weapon?
A. Sword
B. Bow and arrow
C. Dagger
D. Slingshot
B
Who was the Supreme Commander of the Allied Forces in Europe during WWII?
C) Dwight D. Eisenhower
Which artist is known for cutting off his own ear?
Vincent van Gogh
What term refers to the inefficiency and delays often associated with bureaucracy?
Answer: C) Red tape
Which of these is a primary criticism of bureaucracy?
C) It is too slow and inefficient
The Department of the Interior is responsible for managing:
Federal lands and natural resources
What are reserve requirement set the Federal Reserve?
How much cash banks have to hold on hand
Unemployment caused by changes in the economy or industry, leading to job loss
Structural Unemployment
A decrease in the general price level of goods and services, increasing the purchasing power of money.
Deflation
Policies that decrease government spending or increase taxes to slow economic growth and control inflation.
Contractionary Fiscal Policy
What movie is this character from?
Mrs Doubtfire
What does the “DC” in Washington, D.C., stand for?
District of Columbia
What is the capital of Australia?
C) Canberra
Which agency is NOT typically considered part of the U.S. federal bureaucracy?
Answer: B) The Supreme Court
Which of these terms refers to a bureaucratic agency's area of expertise or specialization?
The Department of Health and Human Services (HHS) oversees which of the following programs?
B) Medicaid and Medicare
What are the main functions of the Federal Reserve?
(what are the tools they use)
Job loss due to seasonal changes in demand (e.g., holiday workers, farm laborers).
Seasonal Unemployment
Measures the average change in prices paid by consumers for a basket of goods and services.
Consumer Price Index (CPI)
Government spending required by law, such as Social Security and Medicare.
Mandatory Spending (entitlements)
What movie is this from? (from the 1930 about the Civil War)
The United States purchased Alaska from which country in 1867?
Russia
Who painted the ceiling of the Sistine Chapel?
Michelangelo