Ideology and Economic Policy
AP US Government and Politics · Flashcards · Recall
AP US GOVERNMENT AND POLITICS · FLASHCARDS
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QUESTION
Which ideology supports public ownership of resources?
QUESTION
What economic ideology emphasizes minimal government intervention?
QUESTION
Identify the policy: Government reduces expenditure to control inflation.
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ANSWER
Contractionary fiscal policy. Government cuts spending and raises taxes to reduce inflationary pressure.
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