Government and Economic Policies

Front

Uncontrollable Spending

Back

Expenditures that the federal government cannot realistically reduce because they are required by law

Front

Entitlements

Back

Promises made by the government to an identifiable group of people who are guaranteed benefits

Front

Mandatory Spending

Back

Expenditures that the federal government is obligated to make, like entitlements and interest on the national debt

Front

Monetary Policy

Back

Influencing the economy through federal interest rates, reserve rates, and the amount of money in circulation

Front

Fiscal Policy

Back

Impacting the economy through taxing and spending in the budget.