Unit 6 Flashcards
1
Q
Support from both parties for policy
A
Bipartisanship
2
Q
results when federal expenditures exceed federal revenues for a one year period
A
Budget Deficit
3
Q
federal government’s practice of spending more money than it takes
A
Deficit Spending
4
Q
Elimination of federal regulations on private companies
A
Deregulation
5
Q
federal benefit payments to which recipients have a legal right
A
Entitlements
6
Q
taxing and spending policies
A
Fiscal policy
7
Q
requiring that those who receive federal benefits show a need for them
A
Means testing
8
Q
Federal Reserve Boards regulation of the supply of money in circulation
A
Monetary policy
9
Q
total debt owed by federal government
A
National Debt
10
Q
federal financial aid to individuals
A
Subsidy
