Public Policy Flashcards

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1
Q

Majoritan

A

everyone pays, most benefits

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2
Q

Client

A

everyone pays, some benefit

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3
Q

Intrest

A

little pays, little benefits

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4
Q

Enrtupenur

A

few pay, lots benefits

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5
Q

Why Social Security is a growing concern?

A

we can run out for future generations

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6
Q

Executive Agreement

A

like treaty, no senate approval needed

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7
Q

Executive Order

A

law or bill that doesn’t have to go through congress

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8
Q

Executive Privledge

A

spys can go back and get information from government if it pertains to national security

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9
Q

Exmaples of social welfare programs

A

social security, medicare

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10
Q

Medicare

A

health care for old people

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11
Q

Mediaid

A

health coverage for people that have low income

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12
Q

Deflict

A

debt, very bad

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13
Q

Surplus

A

making more money than you spend, good

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14
Q

Monetary

A

intrest rates, money supply

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15
Q

Fiscal

A

how government raises and spends money

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16
Q

Who is in charge of monetary policy?

A

federal reserve

17
Q

Mandatory Spending

A

spending that must be done and that government has to fund, example is SS

18
Q

Discretionary Spending

A

government can choose how to spend this money