Unit 2 - Part 1 Flashcards
(24 cards)
Gauged by pollsters asking whether the respondent approves of the president’s job performance
Approval Rating
Born between 1946 and 1964 and lived during an era of economic prosperity following WWII
Baby Boomers
A shift of support to a candidate or position holding the lead in public opinion polls and therefore believes to be endorsed by many people
Bandwagon Effect
Believe that the government should do less in order to give the people more freedom
Conservative
Characteristics of populations
Demographics
The interest rate at which the government loans actual dollars to commercial banks
Discount Rate
Contractual obligations that Congress must give money to
Entitlements
Conducted outside a polling place to predict the outcome of an election
Exit Polls
Sets monetary policy by buying and selling securities or bonds, regulating money reserves, and setting interest rates
Federal Reserve Board
Part of the economic policy concerning government spending and taxation
Fiscal Policy
Small group if people gathered to hold concert about issues/candidates
Focus Group
Those born after the baby boomers between 1962 and 1982
Generation X
Process of an ever expanding and increasingly interactive world economy
Globalization
Set of beliefs about political values in the role of government
Ideology
A belief in the fundamental worth and importance of the individual
Individualism
Rising prices and devaluation of the dollar
Inflation
Oversees the collection process of income taxes
IRS (Internal Revenue Service)
Open to allowing the government to flexibly expand beyond established constraints
Liberal
Generally oppose government intervention or regulation
Libertarian
Congress paying those who are “entitled” to bonds
Mandatory Spending
The amount that a poll can be “off”
Margin of Error
Test that determines which citizens qualify for social security
Means Test
Provides health insurance coverage for the poorest Americans
Medicaid
Helps ease the medical cost id seniors over the age of 65
Medicare
