Final Test Flashcards
What is a defined contribution? What are the examples?
Like a 401(k) or 403(b), it requires you to put in your own money.
What is a defined benefit? What are the examples?
Most often known as a pension, is a retirement account for which your employer ponies up all the money and promises you a set payout when you retire.
What is fiscal policy?
How to tax and spend.
What is monetary policy? Who is it set by?
Setting key interest rates. Set by the Federal Reserve.
What was The Defense of Marriage Act of 1996 (DOMA)?
No state is required to give effect to a law of any other state with respect to a same-sex marriage or domestic partnership.
What is The Matthew Shepard and James Byrd, Jr. Hate Crimes Prevention Act (HCPA) (2009)?
Extends federal hate-crime laws to include crimes that target a victim based on his or her “actual or perceived” gender, sexual orientation, gender identity or disability.
What percent do blacks make for the same wage as whites?
90%.
