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Public economics

Krugman Macroeconomics Chapter 30

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Economics
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Fiscal policy
Public economics
Economic policy
macroeconomics
Government budget deficit
Balanced budget
Government debt
Deficit spending
United States public debt
Business
Social Issues
Politics

Module 30: Long-run Implications of Fiscal Policy: Deficits and the Public Debt ? Why governments calculate the cyclically adjusted budget balance Why a large public debt may be a cause for concern Why implicit liabilities of the government are also a cause for concern ? Recession ? Expansionary fiscal policy ? Raising government spending/lowering taxes ? Aggregate demand curve shifts to the right Inflation ? Contractionary fiscal policy ? Lowering government spending/raising taxes ? Aggregate demand curve shifts to the left ? The Budget Balance as a Measure of Fiscal Policy Budget Balance: the difference between the government?s tax revenue and its spending in a given year T: value of tax revenues G: government purchases of goods and services

Chapter 17 Outline: American Government 9th Ed., Wilson&Dilulio

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US Gov and Politics
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Federal assistance in the United States
Presidency of Lyndon B. Johnson
Government
Social programs
Healthcare reform in the United States
Social Security
Economy of the United States
Public economics
Medicaid
Medicare
Welfare
Health insurance
Social Issues
Politics

Samuel Choi CHAPTER 17 OUTLINE: SOCIAL WELFARE Introduction There are two kinds of welfare programs Programs that help many people, Ex. Medicare, Social Security No means test, available to everyone Deals with majoritarian politics, everyone pays, everyone benefits. Programs that help few people Ex. Medicaid, welfare Means tested, available to only those below a certain income level. Deals with client politics, everyone pays, few people benefit Problems occur with both majoritarian and client politics Majoritarian: Who pays for the programs? Client Politics: Who should benefit, and how should they be served? Social Welfare in the United States? Social Welfare policy is affected by three factors Americans have a more restrictive view on who should receive benefits

Questions on Chapter 18: Economic Policy

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US Gov and Politics
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Fiscal policy
macroeconomics
economics
Public finance
Public economics
Economic policy
Economic theories
Political economy
Supply-side economics
Government budget deficit
Keynesian Economics
inflation
Business
Politics
Social Issues

Roman Caposino March 6th, 2014 Chapter 18 #1-5 AP Government & Politics When the economy is thriving, the government tends to spend more money. Unfortunately, when the economy is not thriving, or even if it is, the government still spends way more money than it makes, creating a huge deficit. Generally, voting behaviors of politicians and economic conditions are not always correlated, both at national and local levels. Politicians do not vote within their spending limit sometimes, because they know the federal government will pay for their deficit.

Sociology Notes

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Psychology
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Demographics
Demography
population
Public economics
Baby boomer
Silent Generation
Attachment theory
Generation
Baby boom

SOCIOLOGY NOTES MONDAY 17TH, 2014 Greatest Generation WWII Silent Generation Korean War (1963) Baby Boomers Vietnam War Gen X (1980?s) Gen Y (1990?s) Millennia?s (2000?s)
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Sociology Notes

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Psychology
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Demographics
Demography
population
Public economics
Baby boomer
Silent Generation
Attachment theory
Generation
Baby boom

SOCIOLOGY NOTES MONDAY 17TH, 2014 Greatest Generation WWII Silent Generation Korean War (1963) Baby Boomers Vietnam War Gen X (1980?s) Gen Y (1990?s) Millennia?s (2000?s)
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Am gov

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US Gov and Politics
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Grants
Economy of the United States
Public economics
Central government
Local government
Federal grants in the United States
Categorical grant
Block grant
Government
Federal government of the United States
United States Constitution
Federation
Politics
ch 3

Ch. 3 Focus Questions A unitary system of government is one in which the central government appoints duties to smaller subsidized governments such as countries or provinces. In these governments, the smaller parties will rely on the funds of the central government due to the fact that they cannot tax. An example of a unitary government would be the United Kingdom. A co federal government is one in which the local governments retain power over the whole. One example is the European Union in which each country has control individually. A Federal government has specific duties appointed equally for the national and state governments, an example of which would be the United States.

Why to Be a Republican

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US Gov and Politics
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Finance
Public finance
Tax
Socioeconomics
Economic policy
Public economics
economics
Deficit reduction in the United States
Political debates about the United States federal budget
Politics
Business

Matthew Acosta Koetteritz Civics ? Per. 7 10/30/12 Party Affiliation Essay If I had to affiliate myself with a political party, I would choose to join the Republican Party. They are generally conservative, and are on the moderate right side of the political spectrum. I would choose them because they would tax less, make the government spend less, and they believe in less government involvement.
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