POLS 2311 EXAM 3 REVIEW 2026
ACTUAL QUESTIONS WITH
VERIFIED ANSWERS.
1. What is the key power of the Fed? - correct answer-The
power to expand and contract the amount of credit available
in the United States.
2. Approximately what percentage of the workforce was
unemployed following the stock market crash of 1929? -
correct answer-20%
3. What is an example of a contributory program? - correct
answer-Medicare
4. What is the goal of Social Security? - correct answer-To
provide for the material needs of individuals and families; To
protect aged and disabled persons against the expenses of
illnesses that may otherwise use up their savings; To keep
families together; To give children the chance to grow up
healthy and secure.
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5. What is indexing? - correct answer-The practice of
automatically increasing payments in proportion to the cost
of living
6. When a recipient is required to document their need to
receive government benefits, it is called _____________. -
correct answer-a means test
7. What is the shadow welfare state? - correct answer-Social
benefits that private employers offer to their workers such as
medical insurance and pensions.
8. What is an example of non-contributory program? - correct
answer-Temporary Assistance to Needy Families (TANF),
which provides public assistance to needy families based on
means testing, Medicaid, Supplemental Security Income,
food stamps, and in-kind benefits.
9. What is a cost-of-living adjustment based upon? - correct
answer-Increases in the Consumer Price Index for Urban
Wage Earners and Clerical Workers (CPI-W).
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10. Which government program pays for nursing home
residents when they have exhausted their savings? - correct
answer-Medicade
11. What is isolationism? - correct answer-A policy of avoiding
contact with other countries
12. The policy of striking a nation that might be contemplating
hostile action is called_____________. - correct answer-
Preventive War
13. What are the three main goals of American foreign policy?
- correct answer-1. Preserving the national security of the
United States.
14. 2. Promoting world peace and a secure global
environment.
15. 3. Maintaining a balance of power among nations.
16. George Washington warned Americans to avoid factions
and __________. - correct answer-foreign entanglement