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21 Cards in this Set

  • Front
  • Back
CPI
consumer price index; like it to be near zero
output measured in dollars, like it to go up
GDP
Federal Reserve Board of Governors
7 members; appointed fo 14 year terms
Federal Reserve Federal open market Committee
most critical, meets 8 times a year secretly
reserve requirement
collateral, have to have a certain amount of assets on deposit w. the fed
tariffs
tax on an imported good; importing costs more elative to American competitors
quotas
limiting volume of imports
exchange rates
how much you can get for your money in another country
Goals of Welfare Policies
redistrubition, access, & security
redistribution
subsidizing certain groups or activities; tax those who are better off
access
programs that provide people access to things that they might not have access to otherwise
security
retirement, disability benefits, unemployment insurance, ect.
poverty statistics
35% of the poor are under 18; largest amount of poor are white; 23% of highschool drop outs end up poor; geography
Old Age and survivors disability insurance (OASDI)
providiing for people's retirment
Aid to families with dependent children (AFDC)
turned into TANF in 96
if Louisiana high schools taught evolution they also had to teach creation science
Edwords v. Aguillard
can't punish someone just because their language is contrversial; not the same thing as hate crimes
RAV v. St. Paul
school attendance; free exercise clause
Wisconsin v. Yoder
Right to die cases
Washington v. Glucksberg
Gonzales v. Oregon
unified front w. the Soviets; consensus between Rep. & Dems.
Bipartisanship
the US will provide economic support to the economies of W. Europe; counter act communist influence
Marshall Plan