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Using classroom notes Class: POLS 1101 - American Government; Subject: Political Science; University: Middle Georgia College; Term: Spring 2010;
Typology: Quizzes
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A general plan of action adopted by the government to solve a social problem, counter a threat, or pursue an objective. TERM 2
DEFINITION 2 Government policy designed to confer on a specific institution or group. TERM 3
DEFINITION 3 Policies that take government resources (tax funds), from one sector of society, and transfer them to another (ex. Robin Hood). TERM 4
DEFINITION 4 Rules that guide the operation of government programs and business markets. TERM 5
DEFINITION 5
Economic policies that involve government spending and taxing. Theory: when economy is stagnant it is up to the government to jump start through spending but if demand is too great, the government must control their spending or raise taxes TERM 7
DEFINITION 7 Economic policies involving control of and changes in the supply of money Theory: Trying to spend the state out of economic hardship Change the amount of money in circulation and devalue the currency / tem fix has to be monitored Leads to INFLATION or deficit financing TERM 8
DEFINITION 8 economic condition characterized by price increase linked to a decrease in the value of the currency. TERM 9
DEFINITION 9 Spending beyond government income to combat an economic slump/Purpose is to inject extra money into economy to stimulate TERM 10
DEFINITION 10 Amounts that goverment agencies are expected to spend in the fiscal year