POLI330 Week 6 Quiz Latest 2018
Question
Question 1
3 / 3 pts
(TCO 7) Radicals use the term “political economy” instead of _____ to describe their critique of capitalism and the inequitable distribution of wealth among nations.
Marxism
laissez-faire
public choice
Keynesian
Question 2
3 / 3 pts
(TCO 7) How do Keynesian economic policies differ from the traditional laissez-faire policies developed by Adam Smith?
Laissez-faire policies advocate for “cutthroat” capitalism, and Keynesian policies seek to spread wealth equally among a nation’s citizens.
Keynesian XXXXXXXXX XXXXXXXXX for XXXXXXXXX XXXXXXXXXX control of XXXXXXXXX, XXX traditional XXXXXXX-faire XXXXXX for a XXXXX-free approach.
XXXXXXXX policies advocate XXX increased XXXXXXXX and stimuli XXX government-run XXXXXXXXXX, XXX XXXXXXXXX economics argues for a XXXXX-free XXXXXXXX.
XXX XXXX liberal Smithian XXXXXXXXX XXXXXXXXXX XXXXXX XXXX evenly among society, and XXXXXXXXX XXXXXXXXX tends to distribute wealth among the top 1%.
Question X
3 / 3 pts
(TCO 7) XXXXXX the XXXXX, critics developed this new term XX XXXXXXXX inflation with stagnant XXXXXXXX growth.
Growth XXXXX
XXXXXXXX
Stagflation
XXXXXXXXX
Question 4
3 / X pts
(TCO X) XXXXXXX 1965 and XXXX, the XXXXXXXXXX of XXXXXXXXX XXXXXX below the XXXXXXX line _____.
XXXXXXX
XXXXXXX decreased
XXXXXXXX increased
rapidly increased
Question 5
3 / 3 XXX
(XXX X) The _____ XXXXXXXXXXXXXX XXXXXXXXXX the XXXX XXXXX program XX eliminating XXX provision that recipients XXX the XXXXXX at a discount with XXXXX own XXXXX.
XXXXXXX
XXXXXXX
Ford
Carter
Question X
3 / X pts
(XXX X) XXXXXXX costs XXXXXXX nearly XXXXX% of XXX X.S.XXXXX domestic product, XXXX of it paid through XXXXXXXXXX and private health XXXXXXXXX.
XX
XX
XX
XX
XXXXXXXX X
X / 3 pts
(XXX 7) XXXX Americans XXXXX XXX XXXXXXX XXXXXX XXXX XXXXXXXXX toward XXXXXXX, XXXXX XX _____.
absolutely true
XXXXXXXX exaggerated
not at XXX XXX case
slightly offensive
XXXXXXXX X
3 / X pts
(XXX X) XXX XXXX the XXXXXXXX XXXXXXX XXXXX XXXXXXX to those XX XXXXX industrialized nations?
XXXX XXXX is allocated XX XXXXXXX in the XXXXXX XXXXXX.
XXXXX nations allocate XXXX to XXXXXXX XXXX the United XXXXXX.
The United States allocates about the same to welfare.
Few XXXXXXX XXXXXXX XXX XXXXXX XXXXXX maintain XXXXX XXX XXXXXXX.
Question 9
3 / 3 pts
(TCO X) XXXX XXX XXX XXXXXXX line in 2012?
$XX,XXX
$XX,060
$XX,XXX
$26,750
XXXXXXXX 10
3 / 3 XXX
(XXX X) Investigate XXXX historically XXXXXXX to conservatives when firms are XXXXXXXXXX “too big to fail.”
XXXXXXXXXXXXX argue for expensive bail-out XXXXXXXX.
XXXX conservatives suggest XXXXXXX XXX free market run XXX course.
Most argue against XXXXXXXXX stimulus XXXXXXXX.
They switch parties.
XXXXXX
1. Marxism
2. XXXXXXXXX XXXXXXXXX advocates XXX XXXXXXXXX XXXXXXXXXX XXXXXXX of economics, and XXXXXXXXXXX XXXXXXX-faire argues for a hands-XXXX XXXXXXXX.
3.XXXXXXXXXXX
X. XXXXXXX XXXXXXXXX
X. XXXXXX
X. 18
X. XXX XX all XXX XXXX
8. XXXX less is allocated XX XXXXXXX in XXX XXXXXX States.
9. $XX,050
XX. Most argue against XXXXXXXXX stimulus packages.
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