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Created by:

bonesteel on October 10, 2008

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government

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practices for the maryland HSAs

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Flashcards: Economics, Agencies, Money Policies A2

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TermsDefinitions
Affirmative Action
A plan or program to make up for the effects of past discrimination in employment, education, or other activities, and to prevent it from happening again.
Fiscal Policy
Use of the federal government's powers of spending and taxation to stabilize and promote the economy. For the most part, this is the responsibility of the President and the U.S. Congress.
Inflation
A rise in the general prices of goods and services that results in a decline in the purchasing power of money.
Gross Domestic Product
The total value of all goods and services produced within a nation during a year.
Domestic Policy
Governmental decisions, programs, and actions that primarily deal with matters within a nation. For example: welfare programs, enviromental laws, and business regulations.
Foreign Policy
The strategies and goals that guide a nation's relations with other countries.
International Monetary Fund
The organization established to promote currency stability and financial cooperation among the nations of the world. It also seeks to help nations with large debts to pay back their loans.
Demographics
Measurable characteristics of a population such as age, gender, race, education and income level. Often used by government to make decisions or set policy.
Geographic Characteristics
Physical and human characteristics of a place or region.
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