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Definition
| top 10% of income earners in the U.S pay____ taxes |
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Definition
| in recessions, the govt should undertake actions to stimulate the economy |
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Term
| issue identification and agendasetting |
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Definition
| first stage in the policy makinng process consists of |
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Definition
| every time there is a federal government deficit, there is an increase in total accumulated |
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Term
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Definition
| policy consists of all govt actions that are under taken to give assistance to specific groups, such as the aged, ill, and poor |
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Term
supplement security income
ISS |
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Definition
| this program establishes nationwide minimum income for the aged, blind, and disabled |
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Term
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Definition
| this policy is the use of changes in govt expendenture and taxes to alter national economic variable |
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Term
| doesnt rest with one individual or institution |
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Definition
| power to create fiscal policy |
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Definition
| tax on differance between what people earn and what they save |
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Term
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Definition
| this program was created to provide rebates of social security taxes for the low income workers |
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Definition
| property loss is about what percent of the total cost of crime |
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Term
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Definition
| total yearly cost of crime in the US |
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Term
| temporary assistance for need families |
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Definition
| under the new welfare system in 1996. federal govt turns over to the states funds targeted for |
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Term
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Definition
| social insurance programsand public assistance programs are govt progems that |
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Term
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Definition
| this policy consists of all action, taken by the national govt. to smooth out the ups and downs in the nations business activity |
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Term
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Definition
| this policy involves changing the amt of $ in circulation so as to affect interest rates, credit markets, rate of inflation, rate of economic groth and unemployment |
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Term
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Definition
| who determines monetary policy |
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Term
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Definition
Members of the federal reserve system's board of governers are appointed by who
and confirmed by who |
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Term
| reduce the rate of growth in the amt of money in circulation |
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Definition
| in periods of rising inflation, the fed typically |
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Term
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Definition
| social insurance program under which the federal govt. pays for part of the cost of medical care for retired persons |
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Term
| Payroll taxes on employers and emplyees |
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Definition
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Term
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Definition
| intergenerational income transfer that is only vaguley related to past yearnigns |
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