Which scenario indicates that an expansionary monetary policy is needed
Definition1/8
The economy has been growing rapidly.
Term1/8
Which scenario indicates that a contractionary monetary policy is needed
Definition1/8
The economy has grown too quickly.
Term1/8
Which stage of policy making includes writing new laws confirming new policy
Definition1/8
adoption
Term1/8
Which opinion would a Republican most likely hold about entitlement programs
Definition1/8
Many Republicans and US taxpayers wrongly think Social Security
Retirement and Social Security Disability are "entitlement"
programs---- they are not.
Most Republicans believe the "entitlement" programs cost the
government too much money. However, most federal dollars are
matching dollars or in support of State programs, such as Medicaid
and SNAP. Without the Federal dollars, States would not be able to
help poor, ill, disabled, and elderly. *NOTE: Most of these groups
had worked before needing help, or now still work part-time as they
are able and allowed under program rules. NOTE2: The amount of the
typical Soc. Sec. check is not enough to live on; there are no
extra dollars for anything. NOTE3: Most people pay high prices for
Part D medications or part D premiums.
Term1/8
When would the government most likely decrease its spending
Definition1/8
. When unemployment has decreased
Term1/8
Which statement is true about the Federal Reserve discount rate
Definition1/8
It influences bank behavior in order to control the money
supply.
Term1/8
How big a share of the global economy is the U.S. economy
Definition1/8
22 percent
Term1/8
What statement refers to per capita GDP
Definition1/8
The average household level of production declined last year.
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Cards in this guide (8)
Which scenario indicates that an expansionary monetary policy is needed
The economy has been growing rapidly.
Which scenario indicates that a contractionary monetary policy is needed
The economy has grown too quickly.
Which stage of policy making includes writing new laws confirming new policy
adoption
Which opinion would a Republican most likely hold about entitlement programs
Many Republicans and US taxpayers wrongly think Social Security
Retirement and Social Security Disability are "entitlement"
programs---- they are not.
Most Republicans believe the "entitlement" programs cost the
government too much money. However, most federal dollars are
matching dollars or in support of State programs, such as Medicaid
and SNAP. Without the Federal dollars, States would not be able to
help poor, ill, disabled, and elderly. *NOTE: Most of these groups
had worked before needing help, or now still work part-time as they
are able and allowed under program rules. NOTE2: The amount of the
typical Soc. Sec. check is not enough to live on; there are no
extra dollars for anything. NOTE3: Most people pay high prices for
Part D medications or part D premiums.
When would the government most likely decrease its spending
. When unemployment has decreased
Which statement is true about the Federal Reserve discount rate
It influences bank behavior in order to control the money
supply.
How big a share of the global economy is the U.S. economy
22 percent
What statement refers to per capita GDP
The average household level of production declined last year.