Which of the following is the most influential interest group that lobbies for the needs of the elderly?
a. Social Security Administration
b. the Catholic Church
c. Blue Cross and Blue Shield
d. American Association of Retired Persons (AARP)
e. Congress
ANS: D
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The largest portion of the federal budget goes to
A. Defense B. Medicare C. Social Security D. Foreign aid
"Policy outcomes not foreseen or intentionally desired during the initial creation or implementation of the original public policy" is a definition of
a. negative externalities. b. positive externalities. c. unintended consequences. d. redistributive policy. e. regulatory policy.
Which of the following political issues concerned James Madison the most in 1786 and 1787?
a. how to limit the power of the confederal president b. how to represent small states in a new federal congress c. how to ensure the republic would survive d. how to save capitalism in the United States
Explain the impact of Keynesian economics on fiscal policy in the United States.
What will be an ideal response?