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Economic Policy
Environmental Policy
Welfare Policy
Education Policy
Vocabulary
100
In 1887, Congress passed this Act to regulate railroad practices and fares.
What is the Interstate Commerce Act?
100
This book by Rachel Carson helped launch the environmental movement in the United States
What is The Silent Spring?
100
This program provides government medical assistance to retirees and is funded primarily through payroll taxes.
What is Medicare?
100
This country spends more per-pupil spending than any other nation in Western Europe.
What is the U.S.A?
100
A term that refers to government restrictions on the economic practices of private firms.
What are Regulations?
200
These are the burdens that society incurs when firms fail to pay the full costs of production.
What are Externalities?
200
This agency is the most important in implementing environmental policy.
What is the Environmental Protection Agency (EPA)?
200
This examination is required for people to prove they are poor enough to be eligible for a certain benefit.
What is the Means Test?
200
Passed during the George W. Bush administration, this Act has proved to be one of the most controversial in America's public education history.
What is the No Child Left Behind Act (NCLB)?
200
The total cumulative amount that the U.S. government owes to creditors.
What is the National Debt?
300
In 2008 President Bush and Congress sent checks totaling 150 billion dollars to tax payers, urging them to spend the money. This is an example of this theory of economics.
What is Demand-Side Economics?
300
The Energy Independence and Security Act was passed in 2007 in response to this environmental issue?
What is Global Warming? Also: What are High Carbon Emissions?
300
The Food Stamp program is an example of this type of benefit. It does not provide cash, which ensures public assistance will be used in a specific way
What is an in-kind benefit?
300
This federal program, started in the Johnson administration, is dedicated to helping children of low-income families receive preschool education.
What is Head Start?
300
The requirement that applicants for public assistance must demonstrate that they are poor in order to be eligible for the assistance.
What is the Means Test?
400
These committees are the most important part of Congressional deliberations on the budget
What are the House and Senate Appropriations Committee?
400
In a 2002 poll, this percentage of Americans agree that protecting the environment should be the priority even if it slows the economy or leads to job loss. Choices: 38%, 54%, 69%, 87%.
What is 69%?
400
Under the Temporary Assistance for Needy Families Program, the head of a family must do this within two years or else will risk the loss of benefits?
What is find a job?
400
These two Acts in 1965 allowed the federal government to be "involved in public education in a comprehensive way".
What are the Higher Education Act and the Elementary and Secondary Education Act?
400
The situation in which the outcome of an economic transaction is fair to each party. An outcome can usually be considered fair if each party enters into a transaction freely and is not unknowingly at a disadvantage.
What is Equity?
500
This is one of the two main ways the Federal Reserve regulates the economy.
What is by adding or subtracting money from banks? Also: What is by lowering or raising the interest rate that member banks are charged when they borrow from the Fed?
500
Some conservationists advocate for a steep tax hike on this resource, but public opinion is not in favor of the change.
What is Gasoline?
500
This is the term that refers to the actual percentage of a person's income spent to pay taxes
What is effective tax rate?
500
This American ideal has affected our nation's public policy to the extent that America is distinct from European democracies. Effects on public policy include the emphasis on individualism rather than economic equality, and the American public school system.
What is Equality of Opportunity?
500
A tax on personal income in which the tax rate increases as income increases; in other words, the tax rate is higher for higher income levels.
What is a Graduated Personal Income Tax?