AP gov chapeter 15

Question 1

affordable care act

Answer 1

or nicknamed Obamacare, is a United States federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010

Question 2

agenda setting

Answer 2

theory describes the “ability [of the news media] to influence the importance placed on the topics of the public agenda

Question 3

board of government

Answer 3

The board of governors is a several-member group that oversees or manages the running of an institution

Question 4

budget deficit

Answer 4

more spending than there is revenue available to pay for the spending, over a specific period of time. Debt is the aggregate value of deficits accumulated over time

Question 5

charter school

Answer 5

a publicly funded independent school established by teachers, parents, or community groups under the terms of a charter with a local or national authority

Question 6

common core

Answer 6

is a set of high-quality academic standards in mathematics and English language arts/literacy (ELA). These learning goals outline what a student should know and be able to do at the end of each grade

Question 7

department of health and human services

Answer 7

The United States government’s principal agency for “protecting the health of all Americans and providing essential human services, especially for those who are least able to help themselves.” Also known as DHHS and HHS

Question 8

depression

Answer 8

being really low on the economy

Question 9

discount rate

Answer 9

the minimum interest rate set by the Federal Reserve for lending to other banks.

Question 10

distributive policies

Answer 10

Aimed at ensuring proper distribution of opportunities, goods, services among different sections of society. Meant for specific groups / sections of society. Redistributive Policies Concerned with changing the existing distribution or allocation of resources or benefits

Question 11

entitlement programs

Answer 11

a government program that guarantees certain benefits to a particular group or segment of the population

Question 12

federal reserve system

Answer 12

The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises

Question 13

fiscal policy

Answer 13

In economics and political science, fiscal policy is the use of government revenue collection and expenditure to influence the economy. According to Keynesian economics, when the government changes the levels of taxation and government spending, it influences aggregate demand and the level of economic activity

Question 14

governmental agenda

Answer 14

A political agenda is a list of subjects or problems to which government officials as well as individuals outside the government are paying serious attention at any given time

Question 15

gross domestic product

Answer 15

the total value of goods produced and services provided in a country during one year

Question 16

inflation

Answer 16

a general increase in prices and fall in the purchasing value of money

Question 17

keynesian economics

Answer 17

Keynesian economics are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand

Question 18

laissez-faire

Answer 18

a policy or attitude of letting things take their own course, without interfering

Question 19

means-tested programs

Answer 19

Understanding Means-tested Welfare or Aid to the Poor. … For example, food stamps, public housing, Medicaid, and Temporary Assistance for Needy Families are means-tested aid programs that provide benefits only to poor and lower-income persons

Question 20

medicaid

Answer 20

Medicaid is a health care program that assists low-income families or individuals in paying for doctor visits, hospital stays, long-term medical, custodial care costs and more

Question 21

medicare

Answer 21

Medicare is a single-payer national health insurance program in the United States, begun in 1966 under the Social Security Administration and now administered by the Centers for Medicare and Medicaid Services of the U.S. federal government

Question 22

monetary policy

Answer 22

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency

Question 23

national debt

Answer 23

The aggregate, gross amount that Treasury can borrow is limited by the United States debt ceiling. As of October 28, 2018, debt held by the public was $15.8 trillion and intragovernmental holdings were $5.8 trillion, for a total or “National Debt” of $21.6 trillion

Question 24

no child left behind act

Answer 24

The No Child Left Behind Act authorizes several federal education programs that are administered by the states. The law is a reauthorization of the Elementary and Secondary Education Act. Under the 2002 law, states are required to test students in reading and math in grades 3–8 and once in high school

Question 25

non-means-tested programs

Answer 25

Government programs available only to individuals below a poverty line. Examples of Non-means tests. social security, medicare, veterans disability benefits, unemployment benefits. Examples of Means-Tested programs. medicaid, supplemental security income, temporary assistance for needy families, food stamps

Question 26

open market operations

Answer 26

An open market operation is an activity by a central bank to give liquidity in its currency to a bank or a group of banks.

Question 27

policy adoption

Answer 27

Policy adoption is the third phase of the policy process in which policies are adopted by government bodies for future implementation

Question 28

policy evaluation

Answer 28

Policy evaluation applies evaluation principles and methods to examine the content, implementation or impact of a policy. Evaluation is the activity through which we develop an understanding of the merit, worth, and utility of a policy

Question 29

policy formulation

Answer 29

Definition of Policy Formulation. Let us again start with the consideration of a definition: Policy formulation is the development of effective and acceptable courses of action for addressing what has been placed on the policy agenda.

Question 30

policy implementation

Answer 30

As a general concept policy implementation can be defined as the third stage of policy cycle its means the stage of the policy process immediately after the passage of a law, or the action that will be taken to put the law into effect or that the problem will be solved

Question 31

public policy

Answer 31

the principles, often unwritten, on which social laws are based

Question 32

recession

Answer 32

In economics, a recession is a business cycle contraction when there is a general slowdown in economic activity. Macroeconomic indicators such as GDP, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise

Question 33

redistributive policies

Answer 33

Redistribution of income and redistribution of wealth are respectively the transfer of income and of wealth (including physical property) from some individuals to others by means of a social mechanism such as taxation, charity, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law

Question 34

regulatory policies

Answer 34

In addition to fiscal and monetary policies, a government affects the economy through regulatory policy, which aims to limit what can be done in the marketplace. Most governments have some regulations covering a variety of areas, including: Banking, insurance, and other financial businesses

Question 35

reserve requirement

Answer 35

The reserve requirement is a central bank regulation employed by most, but not all, of the world's central banks, that sets the minimum amount of reserves that must be held by a commercial bank

Question 36

social security act

Answer 36

the Social Security Act established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, aid for dependent mothers and children, the blind, and the physically handicapped

Question 37

systemic agenda

Answer 37

all issues that are commonly perceived by members of the political community as meriting public attention and as involving matters within the legitimate jurisdiction of existing governmental authority

Question 38

voucher

Answer 38

a small printed piece of paper that entitles the holder to a discount or that may be exchanged for goods or services