AP US Government UNIT IV:
PUBLIC POLICY
Readings: CHAPTERS 17, 18 & 19
Testing: Chap. 17, 18, 19 quizzes & Unit IV Multiple Choice Exam
Assignments: Term Cards
KEY TERMS TO DEFINE AND REMEMBER: UNIT IV
Directions: Define 15 terms from each lecture.
o Each term must be defined on its own note card.
o Each term must appear on 1 side of the card with the corresponding definition on the back.
o No points will be given for terms defined on anything other than note cards.
o No points will be given for Term Cards not in your own handwriting.
o Term Cards will always be due the day of the multiple-choice portion of the unit exam.
o Term Cards are worth 1 point a piece.
o For your own sanity’s sake, do not wait until the night before the exam to define all your terms!
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Chap. 17
Antitrust Policy
Bond
Capitalism
Clayton Antitrust Act of 1914
Collective bargaining
Command economy
Consumer price index (CPI)
Consumer Product Safety
Commission (CPSC)
Discount rates
Federal Reserve System
Federal Trade Commission (FTC)
Fiscal policy
Food & Drug Administration
(FDA)
Globalization
Indexed
Inflation
Keynesian economic theory
Labor union
Laissez-faire
Minimum wage
Mixed economy
Monetarism
Monetary policy
Multinational corporations
National Labor Relations Act
North American Free Trade
Agreement (NAFTA)
Outsourcing
Private sector
Protectionism
30. Public sector
31. Reserve rates
32. Securities & Exchange
Commission (SEC)
33. Supply-side economics
34. Taft-Hartley Act of 1947
35. Unemployment rate
36. World Trade Organization
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Chap. 18
Earned Income Tax Credit
Entitlement programs
Feminization of poverty
Great Society Programs
Income
Income distribution
Means-tested programs
Medicaid
Medicare (Part A)
Medicare (Part B)
Medicare (Part D)
Omnibus Budget Reconciliation
Act (OBRA) of 1981
Personal Responsibility and
Work Opportunity
Reconciliation Act
Poverty line
Progressive tax
Proportional tax
Regressive tax
Social Security Act of 1935
Social Security Trust Fund
Social welfare policies
21. Tax incidence
22. Temporary Assistance to Needy
Families (TANF)
23. Transfer payments
24. Unemployment Insurance (UI)
25. Wealth
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Chap. 19
Clean Air Act
Defensive medicine
Endangered Species Act
Emissions Trading
Environmental impact statement
(EIS)
Environmental Protection
Agency (EPA)
Health maintenance
organizations (HMOs)
Infant Mortality Rate
Kyoto Agreement of 1997
Life expectancy
Malpractice suits
Medicaid
Medicare
National Environmental Policy
Act (NEPA)
National health insurance
National Institutes of Health
Superfund
Toxic waste
Water Pollution Control Act
AP RELEASE FRQ’s COVERED IN UNIT IV
1.
2002: Using your knowledge of United States politics,
A. Describe the trend in distribution of government benefits for children and for the elderly from 1965 to present.
B. Identify two politically relevant factors that have affected the changing distribution of government benefits
between children and the elderly.
C. Explain how each of the two factors identified in B has affected the changing distribution of governmental
benefits.
2.
2006: In recent decades, entitlement programs have constituted substantial portion of the United States federal
budget. Social Security is the largest entitlement program in the United States. From your knowledge of United States
politics, perform the following tasks.
A. Define entitlement program
B. What is the primary source of revenue for the Social Security program?
C. Identify one threat to the future of the Social Security program should the trends we see today continue.
D. Describe one demographic trend that threatens the future of the Social Security program AND explain how it is
responsible for the threat you identified in C.
E. Explain how any one of the trends would change if the age of eligibility for Social Security were raised.
3.
2008: Fiscal policy and monetary policy are two tools used by the federal government to influence the United States
economy. The executive and legislative branches share the responsibility of setting fiscal policy. The Federal Reserve
Board has the primary role of setting monetary policy.
A. Define fiscal policy.
B. Describe one significant way the executive branch influences fiscal policy.
C. Describe one significant way the legislative branch influences fiscal policy.
D. Define monetary policy.
E. Explain two reasons why the Federal Reserve Board is given independence in establishing monetary policy.