Policy Test Review
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Transcript of Policy Test Review
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Review for Policy Test
Its very close to Summer…so enjoy the
beach theme.
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Part 1: Multiple Choice
4 types of policy makingMajoritarianInterest GroupClient PoliticsEntrepreneurialBe able to ID examples
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Economic Terms
DeficitDebtGDPInflationRecession
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Economic Policies
MonetarismLeave printing alone and let
the free market operate - RKeynesianism
Spending more when in a recession and cutting spending when there is inflation - D
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Economic Planning Government plans wages, price controls, and the direction of investments - Socialist
Supply Side Tax CutsLower taxes and fewer regulations will stimulate the economy - R
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ReaganomicsCombination of monetarism,
lower fed spending and supply side
Reduce size of government, stimulate growth and increase military strength - R
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Federal Reserve BoardYou should remember this form your writing prompt - buys and sells federal government securities, regulates amount of money a member bank must keep as reserves, change interest rates of banks
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Congressional Budget Act of 1974
Congress studies and gets analysis from the CBO (Congressional Budget Office)
Could submit a budget resolution that would create a ceiling on what the government could spend
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Entitlements
A claim for government funds that cannot be changed without violating the rights of the claimant.
The reason why it is hard to get new programs
Popular programs
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Balanced Budget Act of 1985
First attempt to cut deficit
Across the board sequesters until the federal deficit had disappeared
Did not work
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Budget Enforcement Act of 1990
A “pay as you go” approach, if you increase spending in one program, you need to cut in another
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4 factors that shaped welfare in the USRestrictive view on who is
entitledSlower to embrace itStates play are large roleNon-government
organizations to play a large role
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Insurance ProgramsOASDIMedicareAssistance ProgramsUnemploymentTANFFood Stamps
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Social Security Issues
Bankrupt
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Medicare - for the elderly
Medicaid - For the less-fortunate
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AFDCChanged toTANF
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Who holds the most power in foreign policy?
The President
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Views of foreign policy
IsolationismDisengagementContainment
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Elites - anyone who works in that sector in the government or in think tanks
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National Security Council
Similar job as the State Department, deals with foreign policy
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Structure of defense decision making
Joint Chiefs of Staff