DEFENITIONS
Defenitions
Defenitions
dates
other
100
The creation of demand through spending and lowering taxes
What is Keynesian Theory
100
troubled relief program
What is TARP
100
fair labor standards act of 1938 minimum wages maximum wages maximum working hours and child labor
What is US VS Darby Lumber CO 1941
100
Obesity, cancer,diabetes
What are some leading causes of death in the US?
200
Direct orders to state or local officials to preform a particular service or activity to comply with federal laws in the performance of their functions
What is Federal Mandate
200
Tax incentives and reduced governmental spending to allow for greater productivity and investments
What is Supply side economics
200
income taxes is the largest source of what?
What is federal revenue
200
Gun free school zone act of 1990
What is US vs Lopez
200
-requires most individuals to have health insurance -employers must provide qualifying coverage or pay 8% of payroll tax -employers must provide contraceptive services as part of healthcare packages provides to employees
What is major provisions of Obama Care
300
requires a state or local government to preform certain actions, with no money provided for fulfilling the requirements
What is unfunded mandate
300
running the economy through regulation of the money supply
What is Monetary Economics
300
social payroll taxes
What is the largest source for most american tax payers
300
Not within the power of the commerce clause, power to tax
What is National Federation of Independent Business V Sebelious
300
republican
which party tends to favor spending cut as a method of budgetary control? spending increase? tax increase? tac cuts?
400
Makes it harder to sue doctors
What is meant by tort reform?
400
creator of Laizzez faire
What is Adam Smith
400
Requires high income groups to pay larger percentage of their income taxes than low incomes group
What is progressive taxes
400
US law enacted in june 1930 which causes an increase in import duties by 50% goals to increase US farmer protection against agriculture imports
What is smoot hawley act
400
mild tax increase spending cuts bureoning tax revenues
What is in the late 1990's did the US experience budget surpluses?
500
the market is a self adjusting mechanism
What is classical theory
500
Janet Yellen
What is the current chairmen of the FED
500
requires all income groups to pay the same percentage
What is progressive taxes
500
if nations devote more of their resources to the production of those goods that they produce more efficiently, and trade those goods other nations would produce more efficiently , than all trading nations benefit
What is comparative advantage
500
the fed provided 700 billion in expenditures
What is What role did the federal reserve play in the financial/housing crisis in 2008?