The period following World War II and lasting until the fall of the Soviet Union which was characterized by an intense competition between the United States and the Soviet Union for power and influence across the globe is referred to as ________________________.

_____________________ is a procedure by which potential beneficiaries of a public- assistance program establish their eligibility by demonstrating a genuine need for the assistance.

The deficit and the debt are not the same thing.

Taxation that hits upper income brackets more heavily is known as _______________________.

According to the slides foreign policy consists of which of the following?

Since World War II the United States has remained a major player on the world stage.

_________________________ is an economic theory that posits that reducing the marginal rate of taxation will create a productive economy by promoting levels of work and investment that would otherwise be discouraged by higher taxes.

The difference between Medicare and Medicaid is that Medicare is for the elderly and Medicaid is for the indigent (poor).

When the government is said to have an excess of expenditures over revenues it is said to have a _____________________________.

Policies which pertain to taxing and spending are referred to as ___________________ policies.