Pols exam 3

Question 1

priming

Answer 1

The use of media coverage to make the public have a particular view or belief of an event or figure

Question 2

framing

Answer 2

The influence the media has over how events and issues are interpreted

Question 3

agenda setting effect

Answer 3

power of the media to focus public attention on particular issues

Question 4

sampling error

Answer 4

error caused by a small sample size

Question 5

prior restraint

Answer 5

an effort by government agency to block the publication of material by a newspaper or magazine. CENSORSHIP

Question 6

focusing event

Answer 6

an event that causes the public and elites to focus on a particular problem

Question 7

public policy

Answer 7

law, rule, statute or edict that expresses the governments goals often incorporating rewards and punishments to incentevise it

Question 8

externality

Answer 8

a side effect of an activity that affects other parties who did not agree to the activity in question

Question 9

SEC(securities and exchange commision)

Answer 9

agency charged with regulating the US securties and stock

Question 10

monetary policy

Answer 10

regulation of the economy thru manipulation of the supply of money and credit

Question 11

federal reserve system (FED)

Answer 11

facilitates exchanges of cash, checks, credit among banks, regulates banks, uses monetary policy to fight inflation and deflation

Question 12

reserve requirement

Answer 12

minimum amount of liguied assets and ready cash the federal reserve requires banks to hold to meet depositors needs

Question 13

fiscal policy

Answer 13

regulation of the economy thru taxing and spending powers

Question 14

budget deficit

Answer 14

amount of which government spending exceeds government revenue in a fiscal year

Question 15

progressive tax

Answer 15

as income goes up tax on that income must go up