Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Economic Policy

Fiscal, Monetary, and International Economic Policies and Theories

TermDefinition
Economic Policy Combinations of Fiscal, Monetary, and International trade policies
Federal Reserve The FED Central Banking Regulatory system of the United States
Mixed Economy When both the Private and State Sectors impact the economy through Market and Planned Economies
Securities and Exchange Commission (SEC) Focused on Regulating the stocks and securities
Minimum Wage The estimated minimum amount of income required to buy living necessities
Unemployment The level of the amount of US Citizens that do not have a job, Also a status for certain welfare benefits
Inflation When prices rise or a currency can become inflated due to changes in the economy; a measure of the value of a currency.
Office of Management and Budget (OMB) Largest executive office; Assists the President in preparing a budget.
Monetary Policy Banking Policy, The FED (bureaucracy, the 4th branch of the government). Impacts economy through things like interest rates.
Fiscal Policy Government Regulations, Focuses on Revenue, like Taxes, Trade, welfare, etc.
Discretionary Spending Part of Fiscal Policy, spending through Appropriations.
Non-Discretionary Spending Spending through other means such as stimulus packages and tax increases.
National Debt Currently at $16 Trillion Huge influence on fiscal policy because the government constantly has to raise the debt ceiling and lowering the national debt is a bipartisan objective that no one can agree on how to do it.
World Trade Organization (WTO) Used to supervise and liberalize free trade world wide. Focus on trade negotiations and embargoes.
Antitrust Policy Focuses on increasing market competition; also known as the competition law.
Monetarism Government control of money circulation
Keynesianism Viewing the economy on the short term, supply and demand, normally adopted during a recession, how fast can the government fix this, many stimulus packages
Supply-side Economics The belief that if it becomes easier to produce goods that there will be substantial economic growth focusing more on supply than demand
Planning Planned economy for covering for when inflation happens
Defecit When you Spend more than you make; how much "in the hole" you are
Created by: CaitieBugWicks
Popular American Government sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards