1. All I want for Christmas is…

2. Unit IV: Review Baseball! Public Policy

3. Name 2 of the 3 types of taxes and explain which type you support Steal a base… What’s the 3 rd type? By age, race, region & area of residence, which demographic groups are more likely to experience poverty? Steal a base… What’s the term for the concentration of poverty among unmarried women?

4. What’s the main difference between a command economy and a capitalist economy? Steal a base…Would you rather have more wealth or more income? Explain If you are the CEO of Boeing, which do you likely support, right-to-work laws or union shop? Explain Steal a base…Who is in charge of implementing environmental laws passed by Congress?

5. How and why do we set a poverty line? Steal a base…if you can say the alphabet backwards in under 30 seconds If you are a monetarist, what do you believe is the key to a healthy economy? Steal a base…talk to me about Laissez Faire economic policy…Hint: This is a Laissez Faire question in its structure…

6. Who uses collective bargaining? Steal a base…Which act protected the right to collective bargaining? What does the consumer price index measure? Steal a base…how do we calculate the consumer price index?

7. What’s the Kyoto Protocol and why are we still talking about it? Steal a base…if you were offered a job on the “God Squad”, would you take it? Explain. Which president is most strongly associated with Keynesian economic theory, and which president is most strongly associated with supply-side economic theory? Steal a base…If you were president, which approach to stimulating the economy would you favor? Why?

8. The Fed has 3 basic tools to manipulate the economy. Explain how one of them works. Steal a base…do you support or oppose the idea of openly rationing health care, like the Oregon State Medicaid plan does? What did the Clean Air Act of 1970 aim to do? Steal a base…what’s the official name of the bill sometimes referred to as “Obama Care”?

9. List and explain 1 way an HMO is different than traditional health insurance. Steal a base… list one change implemented by the the Affordable Care Act. Which agency is responsible for regulating the stock market? Steal a base… which agency can ban unsafe products from the market?

10. Which agency enforces “Truth in Lending” laws and prosecutes false and misleading advertising? Steal a base… Which agency censors radio and TV stations? Which agency approves or bans new drugs? Steal a base... If you can name 3 people currently seeking the Republican Presidential nomination

11. What’s the difference between entitlement and mean-tested programs? Steal a base… what is the Superfund used for? Which president declared a “war on poverty” and what was his package of programs called? Steal a base … How successful has the Water Pollution Control Act of 1972 been?

12. What did the Endangered Species Act of 1973 do? Steal a base … roughly what percentage of our GDP are we spending on health care? If you were at a college Econ lecture and the economist said, “The overall incidence of taxing in America is proportional”, how could you translate that into plain English for your friends? Steal a base …What is our most plentiful energy resource and why is that a bummer?

13. Throughout US history the federal government has been moody in its relationship toward labor unions. ‘Splain Steal a base … The federal government helps finance medical research through what? Medicare A, B & D: when you turn 65 what will you do about each? Steal a base … if you are currently wearing interesting socks

14. Define tariff and give a pro and con of their use. Steal a base… You are offered an all- expenses-paid vacation to Yucca Flats, NV. What do you pack to wear? Why is state sales tax a regressive tax, even though everyone pays the same percent? Steal a base… TANF replaced Aid to Families with Dependant Children. How is the new program different?

15. Monetary policy v. Fiscal policy – explain the difference. Steal a base… If someday you wind up the Chairman of the Federal Reserve, how did you get that job, how long does it last and what do you do? What’s the difference between Medicare & Medicaid? Steal a base… Why is monetary policy less manipulated by politics than fiscal policy?

16. What’s the purpose of an Environmental Impact Statement? Steal a base… What’s a transfer payment? Give an example. If you could single-handedly control inflation, where would you set it and why? Steal a base… How do we calculate the unemployment rate?