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Government programs designed to improve quality of life |
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An intentional course of action followied by government in dealing with some problem or matter of concern |
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a set of issues to be discussed or given attention |
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All public issues that are viewed as requiring governmental attention; a discussion agenda |
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The changing list of issues to which governments believe they should address themselves |
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The crafting of appropriate and acceptable proposed courses of action to resolve public problems |
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The approval of a policy proposal by the people with the requisite authority |
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The constant process of forming the list of issues to be addressed by government |
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The process of carrying out public policy through governmental agencies and the courts |
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The process of determining whether a course of action is achieving its intended goals |
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1935 law that established old-age insurance, unemployment insurance, and assistane fo the needy |
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Programs such as Social Security where benefits are provided irrespective of the income or means of recipients |
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Income security program intended to assist those whose income falls below a designated level |
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income security program to which all those meeting eligilibity criteria are entitled |
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Federal program established in Lyndon Johnson's administration that provides medical care to elderly Social Security recipients |
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Expansion of Medicare, provides subsidized health care for the poor |
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Fluctuation beetween expansion and recession that is a part of modern capitalist economics |
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Hands-off governmental economic policy that is based on belief that governmental involvment in the economy is wrong |
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Governmental economic policy where the government takes an active role in guiding and managing the economy |
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Government regulation of business practices, industry rates, routes or areas serviced by particular industries |
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Government regulation of the quality and safety of products as well as the condition under which the goods are produced |
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A situation in which there is economic growth, rising national income, high employment, and steadiness in the general level of prices |
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A rise in the general level of prices |
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A short term decline the economy that occurs as investment, production, and employment drop |
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A form of government regulation in which the nation's money supply and interest rates are controlled |
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A seven member board that sets member banks' reserve requirements, controls the discount rate, and makes other economic decisions |
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Government requirements that a portion of member banks' deposits must be retains to back loans made |
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The rate of interest at which member banks can borrow money from the Federal Reserve Bank |
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The buying and selling of government securities by the Federal Reserve Bank in the securities market |
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Government policies on taxes, spending, and debt managment, intended to promote the nation's macroeconomic goals |
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The total market value of all goods and services produces in a country during a year |
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