economic policy

Question 0

What issues to democrats generally focus on?

Answer 0

Employment

Question 1

The interplay of actors and institutions that leads to the adoption, modification, or rejection of public policy proposals

Answer 1

Policy process

Question 2

What economic issues do republicans tend to focus on?

Answer 2

Inflation

Question 3

What percentage of federal revenue comes from individual taxes?

Answer 3

43%

Question 4

Progressive taxes

Answer 4

The more you make, the more is available to take

Question 5

An example of progressive taxes

Answer 5

Individual income taxes

Question 6

Regressive taxes

Answer 6

The more a company makes, the less they’ll take

Question 7

What percentage of revenue comes from payroll taxes?

Answer 7

42%

Question 8

What percentage of revenue comes from corporate taxes

Answer 8

7%

Question 9

What percent of the federal income comes from borrowing?

Answer 9

5%

Question 10

What was spent by the federal government in 2009?

Answer 10

$3.5 trillion

Question 11

Examples of direct benefit payments

Answer 11

Social security, Medicare, Medicaid

Question 12

Who receives Medicare benefits?

Answer 12

Seniors

Question 13

Who receives Medicaid benefits?

Answer 13

Those below the poverty levels

Question 14

What percent of the budget is made up by mandatory spending?

Answer 14

56%

Question 15

What percent of the budget is spent on national defense?

Answer 15

23%

Question 16

Examples of no defense discretionary income

Answer 16

Grants to states, operational costs

Question 17

What percent of the budget goes toward paying debts?

Answer 17

5% pays off interest on national debt

Question 18

Federal money provided to those who qualify, spent annually without congressional review

Answer 18

Entitlements

Question 19

Jobs beneath a person’s qualifications

Answer 19

Underemployment

Question 20

What does supply side economics rely on?

Answer 20

The net gain will be more than the lost revenue on taxes

Question 21

Why is Reaganomics not a supply side system?

Answer 21

He cut taxes, but not spending

Question 22

Cuts taxes to produce business investment

Answer 22

Supply side

Question 23

Theory where the money supply has the most influence on the economy

Answer 23

Monetarism

Question 24

Which economic policy system makes the most use of the Fed’s power?

Answer 24

Monetarism

Question 25

What does fiscal policy affect?

Answer 25

Taxing and spending

Question 26

What does monetary policy affect?

Answer 26

Levels of interest rates and the availability of credit

Question 27

Who conducts monetary policy?

Answer 27

The Federal Reserve

Question 28

Who conducts fiscal policy?

Answer 28

Congress and the President

Question 29

What creates majoritarian politics?

Answer 29

The heath of the American economy

Question 30

How can taxes be raised without alienating voters?

Answer 30

Taxing products and high-income classes

Question 31

Government manages economy by spending more in times of recession and less in prosperity

Answer 31

Keynesian Economics