Show:
Federal Budget
Fiscal Policy
History
Definition
Jesse Heussner
100
Has the ability to Veto a Proposed Federal Budget.
Who is the President?
100
A policy involving cutting taxes and increasing spending
What is Expansionary Fiscal Policy?
100
The financial crisis that led to the new deal policy
What is the Great Depression?
100
A reduction in government "charges"
What is a tax cut?
100
Jesse's favorite sport
What is basketball?
200
The amount of Money The US government owes.
What is the National Debt?
200
The total Demand for goods and services in the economy.
What is Aggregate Demand?
200
Included $60 billion to help the U.S. Auto Industry
What is Obama's Bailout?
200
The amount of money the National Debt increases by each year
What is the National deficit?
200
The amount of nipples on Jesse's chest
What is 3 nipples?
300
The Result of neither expansionary nor contractionary
What is a Balanced Budget?
300
An indication that expansionary policy must be used.
What is high unemployment?
300
1862
What is the first U.S. income tax law?
300
A fiscal action that is initiated by an act of Congress
What is a Discretionary Fiscal Policy?
300
Jesse's favorite celebrity crush
Who is Mila Kunis?
400
The increase in money owed by the government over the course of a year.
What is the National Deficit?
400
The effect of increased Government spending on interest rate.
What is Crowding out?
400
Economic Growth and Tax Relief Reconciliation Act of 2001 and Jobs and Growth Tax Relief Reconciliation Act of 2003
What are the Bush Tax Cuts?
400
A fiscal action that is triggered by the state of the economy
What is Automatic Fiscal Policy?
400
Jesse's dog's name
What is Garbo?
500
The largest source of revenue for the federal government.
What is The Federal income Tax?
500
The group of economists who reject the idea of fiscal stimulation of the economy due to increased interest rates.
Who are classical economists?
500
25% decrease in personal marginal tax rates
What are the Reagan Tax Cuts?
500
The magnification effect on aggregate demand of a simultaneous rise in taxes and government expenditures
What is a Balanced Budget Multiplier?
500
10.5 inches
What is Jesse's foot length?