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☆☆☆☆☆Cards in this guide (17)
What are expressed powers
Expressed powers are powers written down for Congress in the Constitution.
How are government social programs funded
tax revenues
Which of these federal institutions carries the responsibility of managing the process of borrowing money by issuing bonds and notes
Department of the Treasury
Why are excise taxes often referred to as sin taxes
Because they are placed on items to help act as a deterrent.
Which social program provides vouchers the poor can use to purchase food
Supplemental Nutrition Assistance Program
Which of these terms refers to the amount of money loaned to consumers and businesses
credit
Which of these is a social insurance program that pays cash benefits to the aged
social security
What terms refers to the adjustment of an economy's money supply by a central bank in order to maintain price stability lower unemployment and ensure economic growth
Monetary policy
What powers are often controversial because they are based on interpretation
implied
What is the name of the road system that provides access to strategic points across the United states for the purpose of defense transportation
national highway system
What do most businesses and citizens prefer
Stable economy
Which phase in the business cycle occurs when the GDP increases and the amount of and services produced increases
Expansion
A shortage of a natural resource can lead to which phase in the business cycle
recession
The collection of federal income tax is managed by which of these agencies
IRS
What of the following study business cycles in order to help them minimize recessions and prevent booms from becoming too large
Government agencies.
What is the independent US agency responsible for protecting human health and the nation's environment
The Environmental Protection Agency (EPA) monitors threats to the environment and public health.
Which of these does not describe a weak economy
The government will assume a contractionary fiscal policy position.
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