FREE AMERICAN GOVERNMENT AND STUDY GAMES

PDF Download

FREE AMERICAN GOVERNMENT AND STUDY GAMES

ABOUT SCHWARTZ AP GOV 15 EXAM QUESTIONS

Qs and Ans Expert- Explanation

This Exam contains:

-Guarantee passing score -23 Questions and Answers -format set of multiple-choice -Expert- Explanation

Question 1: Elite Theory

Answer:

when there is an inequity in the spread of power, the elites - people with resources and influence- dominate

Question 2: Taft-Hartley Act (1947)

Answer:

enabled states to outlaw the "closed shop"- a company policy or labor contract that requires all employees to join the local union

Question 3: Reaganomics

Answer:

a combination of widespread tax cuts, supply side economics, decreased social spending and increased defense spending

Question 4: 16th Amendment

Answer:

Allows Congress to collect an income tax

Question 5: Congressional Budget Office (CBO)

Answer:

examines and analyzes the budget proposal and serves as a check on the president's OMB

Question 6: excise taxes

Answer:

taxes on particular goods and services like alcohol, tobacco, airline travel and gasoline

Question 7: surplus

Answer:

taking in more in taxes than it must spend

Question 8: debt

Answer:

how much the country owes others

Question 9: supply-side economics

Answer:

the government should leave as much money as possible with the people

Question 10: deficit

Answer:

the year to year difference between what the government takes in versus what it spends

Question 11: discretionary spending

Answer:

the remaining one-third of the budget that can be altered, cut or increased

Question 12: flat tax

Answer:

taxes all citizens at the same rate

Question 13: estate taxes

Answer:

when Congress taxes income people receive through an inheritance

Question 14: fiscal year

Answer:

12 month period used by government and businesses to record expenditures, budgeting and financial matters

Question 15: progressive tax

Answer:

one's tax rate increases as one's income increases

Question 16: Internal Revenue Service (IRS)

Answer:

oversees the tax collection process

Question 17: pluralist theory

Answer:

belief that the ideas and viewpoints in the US are so scattered and varied that no single view can control the shaping of policy

Question 18: Council of Economic Advisors

Answer:

a 3 person panel in the White House Executive Office, who assist in making financial decisions, such as taxing and spending

Question 19: Federal Reserve Board

Answer:

sets US monetary policy

Question 20: Affordable Care Act

Answer:

otherwise known as "Obamacare"; federal law intended to improve health insurance for US citizens

Question 21: majoritarian politics

Answer:

the interaction of people with government in order to put into place and carry out the will of the majority

Question 22: trade balance

Answer:

the balance between how many goods are imported and how many are exported

Question 23: Monetary politics

Answer:

how the government manages supply and demand of its currency and thus the value of a dollar