ap unit 4 review Flashcards

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1
Q

public mood

A

level of public support for expanding the governmentś role in society

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2
Q

position issue

A

an issue that divides voters (ex gun control, abortion)

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3
Q

valence issue

A

issue most voters will agree with

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4
Q

fiscal policy

A

government decisions about how to influence the economy by taxing & spending

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5
Q

monetary policy

A

government decisions about how to influence the economy using control of the money supply

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6
Q

the federal reserve

A

an independent federal agency that determines U.S monetary policy

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7
Q

keynesian economics

A

an economic philosophy that encourages government spending

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8
Q

hayek economics

A

an economic policy that encourages tax cuts and deregulation in order to promote economic growth

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