US Government Exam II at University Of Texas Rio Grande Valley | Flashcards & Summaries

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Lernmaterialien für US Government Exam II an der University of Texas Rio Grande Valley

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TESTE DEIN WISSEN
What is fiscal policy?
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Taxing and spending decided by Congress.
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TESTE DEIN WISSEN
What is monetary policy?
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The amount of currency in circulation, decided by the federal reserve.
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What is distributive policy?
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Policies that everyone benefits from or has access to, ie national parks and public highways.
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What is redistributive policy?
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Policies that take from one or more groups to give to others, ie wellfare or foodstamps.
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What is inflation?
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An overall increase in prices
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What are entitlements?
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Benefits awarded to people based on specific criteria, usually based on the poverty line.
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What are social insurance programs?
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Social Security and Medicare
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What are public assistance programs?
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TESTE DEIN WISSEN
Medicade and foodstamps
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What kind of taxes fund social security?
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TESTE DEIN WISSEN
Payroll taxes, which is our money that‘s administered by the government.
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What is the gross domestic product?
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The value of all goods and services produced in a country, not including foreign investment
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TESTE DEIN WISSEN
What is Keynesian economics?
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TESTE DEIN WISSEN
The government should spend money when there is an economic downturn
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What is politics?
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TESTE DEIN WISSEN
The interaction between people and the government
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  • 2008 Karteikarten
  • 122 Studierende
  • 0 Lernmaterialien

Beispielhafte Karteikarten für deinen US Government Exam II Kurs an der University of Texas Rio Grande Valley - von Kommilitonen auf StudySmarter erstellt!

Q:
What is fiscal policy?
A:
Taxing and spending decided by Congress.
Q:
What is monetary policy?
A:
The amount of currency in circulation, decided by the federal reserve.
Q:
What is distributive policy?
A:
Policies that everyone benefits from or has access to, ie national parks and public highways.
Q:
What is redistributive policy?
A:
Policies that take from one or more groups to give to others, ie wellfare or foodstamps.
Q:
What is inflation?
A:
An overall increase in prices
Mehr Karteikarten anzeigen
Q:
What are entitlements?
A:
Benefits awarded to people based on specific criteria, usually based on the poverty line.
Q:
What are social insurance programs?
A:
Social Security and Medicare
Q:
What are public assistance programs?
A:
Medicade and foodstamps
Q:
What kind of taxes fund social security?
A:
Payroll taxes, which is our money that‘s administered by the government.
Q:
What is the gross domestic product?
A:
The value of all goods and services produced in a country, not including foreign investment
Q:
What is Keynesian economics?
A:
The government should spend money when there is an economic downturn
Q:
What is politics?
A:
The interaction between people and the government
US Government Exam II

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