AP Gov Ch 15 Jeron Tainatongo

Question 1

Affordable Care Act

Answer 1

law designed to ensure that nearly all Americans have access to health care

Question 2

public policy

Answer 2

intentional course of action or inaction followed by gov in dealing with some problems

Question 3

distributive policies

Answer 3

provide benefits to individuals,groups or corporation

Question 4

regulatory policies

Answer 4

limit the activities of individuals and corporations or prohibit types of unacceptable behavior

Question 5

system agenda

Answer 5

consists of all public issues viewed as requiring governmental attention

Question 6

governmental agenda

Answer 6

problems officials feel obliged to devote active and serious attention

Question 7

agenda setting

Answer 7

process of forming the list of issues to be addressed by gov

Question 8

policy formulation

Answer 8

crafting of proposed courses of action to resolve public problems

Question 9

policy adoption

Answer 9

approval of policy proposal by people with the requisite authority

Question 10

policy implementation

Answer 10

process of carrying out public policy

Question 11

policy evaluation

Answer 11

process of determining whether a course of actions is achieving its intended goals

Question 12

fiscal policy

Answer 12

use of the national gov’s taxing and spending policies to maintain economic stability

Question 13

national debt

Answer 13

amount owed by the federal gov to its creditors

Question 14

laissez-faire

Answer 14

philosophy that endorses a limited role for gov in the economy

Question 15

recession

Answer 15

a decline in the economy that occurs as investment sags, production falls off, and unemployment increases

Question 16

depression

Answer 16

decline in economy that occurs as investment sags, production falls off, and unemployment increases

Question 17

Keynesian economics

Answer 17

economic approach first championed by economist John Maynard Keynes in the 1930’s

Question 18

inflation

Answer 18

rise in general price levels of goods and services within an economy

Question 19

budget deficit

Answer 19

economic condition that occurs when expenditures exceed revenues

Question 20

gross domestic product

Answer 20

total market value of all goods and services produced in a country during a year

Question 21

monetary policy

Answer 21

form of gov regulation in which the nation’s money supply and interest rates are controlled

Question 22

Federal Reserve System

Answer 22

organization tasked with such responsibilities as managing the money supply, stabilizing prices, etc.

Question 23

Board of Governors

Answer 23

seven-member board that makes most economic decisions regarding interest rates and the supply of money

Question 24

open market operations

Answer 24

buying and selling of gov securities by the Federal Reserve Bank

Question 25

discount rate

Answer 25

rate of interest at which the Federal Reserve Board lends money to member banks

Question 26

reserve requirements

Answer 26

gov requirements that a portion of member banks' deposit be retained as backing for their loans

Question 27

Department of Health and Human Services

Answer 27

cabinet-level department administering most federal social welfare and health-related policies and programs

Question 28

Medicaid

Answer 28

gov program that subsidizes medical care for the poor

Question 29

No Child Left Behind Act

Answer 29

employed standards and measurable goals as a method of improving American education across states

Question 30

Common Core

Answer 30

multi-state approach to setting standards that all students should achieve up through the high-school level

Question 31

vouchers

Answer 31

certificates issued by the gov that may be applied toward the cost of attending private or public schools

Question 32

charter schools

Answer 32

semi-public school with open administration and receive support from the gov and may also receive private donations to increase the quality of education

Question 33

Social Security Act

Answer 33

establish old age insurance; assistance for the needy, aged, blind, and families with dependent kids

Question 34

entitlement programs

Answer 34

gov benefits that all citizens meeting eligible criteria are legally "entitled" to receive

Question 35

non-means-tested programs

Answer 35

provide cash assistance to qualified beneficiaries, regardless of income

Question 36

means-tested programs

Answer 36

program requiring beneficiaries to have incomes below specified levels to be eligible for benefits

Question 37

redistributive policies

Answer 37

transfer resources from one group to assist another.

Question 38

Medicare

Answer 38

provides medical care to elderly Social Security recipients