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Exam (elaborations)

PSCI 2305 EXAM 3 UNT Questions With Solutions 100% Correct

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  • UNT PSCI 2305

PSCI 2305 EXAM 3 UNT Questions With Solutions 100% Correct fiscal policy A tool of economic management by which government can attempt to maintain a stable economy through its taxing and spending policies. demand side economics A form of fiscal policy that emphasizes "demand (consumer spend...

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  • August 18, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • UNT PSCI 2305
  • UNT PSCI 2305
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PSCI 2305 EXAM 3 UNT Questions With
Solutions 100% Correct

fiscal policy A tool of economic management by which government can attempt to

maintain a stable economy through its taxing and spending policies.




demand side economics A form of fiscal policy that emphasizes "demand (consumer

spending)"




supply side economics A form of fiscal policy that emphasizes "supply" (production)




federal reserve -the country's central bank, which executes monetary policy by

manipulating the supply of funds that members




patrick leahy -senator of vermont


-concerned about human rights

-if their is a human rights stipulation you will not get money from the US




poverty line The annual cost of a thrifty food budget for an urban family of four

, PSCI 2305 EXAM 3 UNT Questions With
Solutions 100% Correct
means test The requirement that applicants for public assistance must demonstrate they

are poor in order to be eligible for the assistance




in kind benefit A government benefit that is a cash equivalent, such as food stamps or rent

vouchers. This form of benefit ensures that recipients will use public assistance in a specified

way.




stagflation slow economic growth and high unemployment




entitlement programs A gov program that guarantees certain benefits to a particular group

or segment of the population




laissez-faire A classic economic philosophy holding that owners of business should

allowed to make their own production and distribution decisions without government regulation

or control (Hands off government)




unilateralism A national policy of acting without consulting others (i.e., acting alone)

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