APGOVCH.15.Cecilia.Martinez Flashcards
Affordable care act
is a United States federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.
Agenda setting
if a news item is covered frequently and prominently, the audience will regard the issue as more important.
Board of governors
is a federal government agency that is the Fed’s centralized component.
Budget deficit
caused when a government spends more than it collects in taxes.
Charter school
a publicly funded independent school established by teachers, parents, or community groups under the terms of a charter with a local or national authority.
Common core
a set of educational standards for teaching and testing English and mathematics between kindergarten and 12th grade.
Department of Health and Human Services
is a cabinet-level department of the U.S. federal government with the goal of protecting the health of all Americans and providing essential human services.
Depression
s a sustained, long-term downturn in economic activity in one or … A recession
discount rate
the minimum interest rate set by the Federal Reserve for lending to other banks.
Distributive policies
Aimed at ensuring proper distribution of opportunities, goods, services among different sections of society.
entitlement programs
a government program that guarantees certain benefits to a particular group or segment of the population.
Federal reserve system
It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.
fiscal policy
is the use of government revenue collection and expenditure to influence the economy.
Governmental agenda
a set of issues and policies laid out by ideological or political groups; as well as topics under discussion by an governmental executive, or a cabinet in government that tries to influence current and near-future political news and debate.
gross domestic product
the total value of goods produced and services provided in a country during one year.
inflation
a general increase in prices and fall in the purchasing value of money.
“policies aimed at controlling inflation”
keynesian economics
the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate deman
laissez-faire
a policy or attitude of letting things take their own course, without interfering.
means-tested programs
determination of whether an individual or family is eligible for government assistance, based upon whether the individual or family possesses the means to do without that help.
medicaid
a health care program that assists low-income families or individuals in paying for doctor visits, hospital stays, long-term medical, custodial care costs and more.
medicare
federal health insurance program for: People who are 65 or older. Certain younger people with disabilities. People with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD)
monetary policy
the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.
national debt
the total amount of money that a country’s government has borrowed, by various means.
no child left behind
was a U.S. Act of Congress that reauthorized the Elementary and Secondary Education Act; it included Title I provisions applying to disadvantaged students.
