Government Quiz for Chapter 18! The book that I am basing it on is: American Government by Wilson. THis is for my Gov 2 class. maggiermz.10 published on December 09, 2011 Stacked 1/16 The result of whne the government in one year spends more money than it takes in from taxes... Hint: 1 choice supply-side theory deficit keynesianism monetary policy 2/16 Spending that is not required to pay for contracts, interest on the national debt, or entitlement programs such as Social Security... Hint: 1 choice budget sequester fiscal policy descretionary spending 3/16 The total deficit from the first presidency down to the present... Hint: 1 choice national debt economic planning gross domestic product monetarism 4/16 Automatic spending cuts... Hint: 1 choice budget fiscal year budget resolution sequester 5/16 The total of all goods and services produced in the economy during a given year... Hint: 1 choice gross domestic product deficit entitlements fiscal year 6/16 A claim for government funds that cannot be changed without violating the rights of the claimant... Hint: 1 choice budget resolution budget entitlements economic planning 7/16 The belief that inflation occurs when too much money is chasing too few goods... Hint: 1 choice Keynesianism supply-side theory monetarism budget resolution 8/16 A congressional decision that states the maximum amount of money the government should spend... Hint: 1 choice budget resolution budget fiscal year monetary policy 9/16 The belief the government must manage the economy by spending more money when in recession and cutting spending when there is inflation... Hint: 1 choice monetarism economic planning keynesianism supply-side theory 10/16 For the federal government, October 1 through the following September 30... Hint: 1 choice budget gross domestic product deficit fiscal year 11/16 The belief that government plans, such as wage and price controls or the direction of investment, can improve the economy... Hint: 1 choice economic planning sequester monetarism supply-side theory 12/16 A document that states tax collections, spending levels, and the allocation of spending among purposes... Hint: 1 choice deficit budget gross deomestic product national debt 13/16 The belief that lower taxes and fewer regulations will stimulate the economy... Hint: 1 choice monetarism keynesianism economic planning supply-side theory 14/16 Managing the economy by the use of tax and spending laws... Hint: 1 choice fiscal policy globalization monetary policy budget 15/16 The growing integration of the economies and societies of the world... Hint: 1 choice fiscal year globalization budget resolution entitlements 16/16 Managing the economy by altering the supply of money and interest rates... Hint: 1 choice sequester discretionary spending monetary policy deficit