MAKE-UP EXAM #1 PART I. SHORT ANSWER 1

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Temple College
GOVT 2301
Fall 2001
NAME:
MAKE-UP EXAM #1
PART I. SHORT ANSWER 1. Answer one (1) of the following in a
paragraph. Write complete sentences and pay attention to spelling, grammar,
and word choice. Do NOT assume that “the instructor will know what you mean.”
WRITE LEGIBLY IN INK! 13 points
1. What is the difference between direct democracy and representative
democracy? Is the American political system better characterized as a
representative democracy or a direct democracy? Briefly explain.
2. What is the deliberative will of the people? Briefly discuss.
PART II. SHORT ANSWER 2. Answer one (1) of the following in a
paragraph. Write complete sentences and pay attention to spelling, grammar,
and word choice. Do NOT assume that “the instructor will know what you mean.”
WRITE LEGIBLY IN INK! 14 points
1. Identify and discuss the three levels in the analytical framework used by the
authors of THE STRUGGLE FOR DEMOCRACY.
2. Provide examples of actors/influences for each of the three levels of the
analytical framework used by the authors of THE STRUGGLE FOR DEMOCRACY.
PART III. SHORT ANSWER 3. Answer one (1) of the following in a
paragraph. Write complete sentences and pay attention to spelling, grammar,
and word choice. Do NOT assume that “the instructor will know what you mean.”
WRITE LEGIBLY IN INK! 14 points
1. Explain how fiscal policies can be used to stabilize the economy. Who is
responsible for making fiscal policy decisions?
2. Explain how monetary policies can be used to stabilize the economy. Who is
responsible for making monetary policy decisions?
PART IV. SHORT ANSWER 4. Answer one (1) of the following in a
paragraph. Write complete sentences and pay attention to spelling, grammar,
and word choice. Do NOT assume that “the instructor will know what you mean.”
WRITE LEGIBLY IN INK! 14 points
1. Identify and discuss four (4) different types of real-world economies. Give
examples of countries representing each type.
2. What are the three (3) fundamental questions that must be answered by any
economy? Using a straight-line continuum, explain how laissez-faire
economies, centrally-planned economies, and mixed economies answer these
three questions.
PART V. SHORT ANSWER 5. Answer one (1) of the following in a
paragraph. Write complete sentences and pay attention to spelling, grammar,
and word choice. Do NOT assume that “the instructor will know what you mean.”
WRITE LEGIBLY IN INK!
14 points
1. List and discuss the basic tenets (assumptions) of capitalism.
2. Identify and briefly discuss two broad types of economic functions that
government in the U.S. performs. Provide examples to illustrate.
PART VI. SHORT ANSWER 6. Answer one (1) of the following in a
paragraph. Write complete sentences and pay attention to spelling, grammar,
and word choice. Do NOT assume that “the instructor will know what you mean.”
WRITE LEGIBLY IN INK! 14 points
1. Discuss the principle differences between the American system of separation
of powers and the parliamentary model. Include in your discussion a
comparison of methods of selection and removal of the chief executive, the
meaning of “the cabinet,” and at least two other differences between the two
systems.
2. What values does the structure of the American political system serve? What
values does the structure of the parliamentary model serve? Briefly explain
why these two types of systems serve the values you’ve identified.
PART VII. IDENTIFICATION. Define fifteen (15) of the following items in a
sentence or two for each. 15 points
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politics
government
separation of powers
“the state” (as used in Great Britain)
“the administration” (as used in the United States)
vote of confidence
impeachment
market
centrally-planned economy
laissez-faire economy
market capitalism
positive externality
negative externality
public good
free-rider problem
progressive tax
regressive tax
Ricardian Equivalence Theorem
“crowding-out” effect
The Fed
discount rate
price ceiling
price floor
monopoly
natural monopoly
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