This quiz assesses your knowledge of Unit 7.
Health care to prisoners of war
Trained personnel to assist in combat
Military protection to nations surrounding war zones
Ambassadors to help warring nations reach peaceful agreements
To improve the economies of member nations
To promote democratic reforms in member nations
To increase reliance on agriculture in member nations
To support educational institutions of member nations
To provide direct funding to foreign countries
To establish a military alliance
To expand the US economy
To improve the transportation system between member countries
Americans are not living as long as previous generations
The number of retired personas has decreased
The taxes to pay for Social Security have never been increased
The number of retired persons is increasing rapidly, while the amount of money going into Social Security is not increasing rapidly
Collecting taxes
Lending money to individuals
Controlling the US government’s monetary policy
Approving government budgets
Hiring more government workers
Lowering taxes
Raising taxes
Increasing government spending
The amount of reserve that banks are required to hold
The rate of interest charged on reserves lent to banks
The total value of goods and services within a nation
The change in the average price of consumer goods and services
International Monetary Fund
United Nations Children’s Fund
North Atlantic Treaty Organization
North American Free Trade Agreement
Providing stability in the country
Encouraging countries to establish colonies
Causing poor nations to turn to communist governments
Helping strong nations take over weak nations
Economic Sanction
Foreign aid
Peace treaty
Military involvement
International economic aid
Global trade restrictions
Economic globalization
Embargoes on foreign products
More embargoes on goods
More markets for goods
Higher tariffs on goods
Reduced supplies of goods
Decreasing the interest rate
Increasing government spending
Decreasing the reserve requirement
Increasing income taxes
Rates vary among different geographical areas.
Rates are affected by government fiscal policy.
Rates decrease as businesses become automated.
Rates increase as the economy expands.
The Federal Reserve
The Treasury Department
The Secretary of State
The Federal Trade Commission
Rates of inflation are low.
Effects of inflation are unnoticeable.
Actions needed to control inflation are unnecessary.
Actions taken to control inflation are ineffective.
Taxing and spending
Changing the interest rates
Buying and selling securities
Controlling the money supply
Encourage residential development of the land
Purchase the land and set it aside as a wildlife refuge
Rent the land to local governments for recreational use
Give tax breaks to a business that wants to build a factory on the land
To eliminate the use of unsanitary water
To prevent over-development of rural areas
To encourage farmers to produce larger crops
To encourage more people to own small businesses
Police department
Transportation department
Zoning board
Treasurer’s office
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